BTC $79,623.21 +1.43%
ETH $2,518.80 +1.56%
BNB $755.53 -0.31%
XRP $1.44 +3.52%
SOL $104.77 +1.65%
TRX $0.3393 +0.42%
DOGE $0.0911 +1.98%
ADA $0.2222 +2.05%
BCH $260.20 +1.38%
LINK $12.49 -1.54%
HYPE $86.46 +2.60%
AAVE $130.71 -0.15%
SUI $0.8255 +0.69%
XLM $0.1900 -0.02%
ZEC $1,242.82 +9.63%
BTC $79,623.21 +1.43%
ETH $2,518.80 +1.56%
BNB $755.53 -0.31%
XRP $1.44 +3.52%
SOL $104.77 +1.65%
TRX $0.3393 +0.42%
DOGE $0.0911 +1.98%
ADA $0.2222 +2.05%
BCH $260.20 +1.38%
LINK $12.49 -1.54%
HYPE $86.46 +2.60%
AAVE $130.71 -0.15%
SUI $0.8255 +0.69%
XLM $0.1900 -0.02%
ZEC $1,242.82 +9.63%

The Digital Chamber lists the new SEC's first-day priorities, including the Hinman speech and reviewing existing cryptocurrency cases

2024-12-19 08:11:33

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X that during a meeting this week with staff from SEC commissioners Hester Peirce and Mark Uyeda, the Token Alliance of the Digital Chamber pointed out that addressing the 2018 Hinman speech is a priority for the Corporation Finance division on its first day, citing its lack of relevance to the Howey test, which has caused market confusion and "improperly created a winner/loser dynamic."

Other items marked as "key" priorities for the first day include:

  • Initiating a review of all existing crypto-related investigations, Wells notices, and ongoing litigation, and seeking to pause those cases that do not involve actual fraud or investor harm;
  • Rescinding SAB 121 and publishing a rescission order in the Federal Register;
  • Formally withdrawing and reconsidering the proposed amendment to Rule 3b-16, which proposed to expand the definition of "exchange" to include DeFi protocols;
app_icon
ChainCatcher Building the Web3 world with innovations.