Gary Gensler Hints At Ending His Stint As SEC Chair, Defends Crypto Regulation Agenda
Posted On November 14, 2024
SEC Chairman Gary Gensler on Thursday defended his regulatory approach to crypto markets, emphasizing investor protection and compliance, as he hinted at an end of his stint as the agency’s chair.
What Happened: In his remarks at the Practicing Law Institute’s 56th Annual Institute on Securities Regulation, Gensler noted that his agenda builds on the SEC’s history of oversight in crypto, referencing cases like Ripple (CRYPTO: XRP), and emphasized the consistency of the Commission’s actions over the years.
He said that since 2018, around 5-7% of SEC enforcement has been directed toward digital assets, maintaining that the agency’s approach targets specific non-compliant participants rather than the entire crypto market. …
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