BTC $64,456.60 +2.58%
ETH $1,912.44 +2.03%
BNB $605.29 +0.35%
XRP $1.00 +1.04%
SOL $75.97 +1.89%
TRX $0.3311 +0.09%
DOGE $0.0703 +1.28%
ADA $0.1741 -0.45%
BCH $205.08 +0.68%
LINK $9.52 +1.66%
HYPE $59.42 +3.99%
AAVE $89.36 +4.01%
SUI $0.6752 +0.75%
XLM $0.1577 +0.98%
ZEC $514.79 +5.90%
BTC $64,456.60 +2.58%
ETH $1,912.44 +2.03%
BNB $605.29 +0.35%
XRP $1.00 +1.04%
SOL $75.97 +1.89%
TRX $0.3311 +0.09%
DOGE $0.0703 +1.28%
ADA $0.1741 -0.45%
BCH $205.08 +0.68%
LINK $9.52 +1.66%
HYPE $59.42 +3.99%
AAVE $89.36 +4.01%
SUI $0.6752 +0.75%
XLM $0.1577 +0.98%
ZEC $514.79 +5.90%

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.