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Gensler Says SEC Should Be ‘Ready to Bring Cases’ Involving Crypto
Summary: U.S. Securities and Exchange Commission (SEC) chief Gary Gensler said Thursday that federal financial regulators should “be ready to bring cases” against bad actors in crypto and other emerging technologies. “As we continue to stay abreast of those developments, the SEC and FINRA should be ready to bring cases involving issues such as crypto, cyber ...
U.S. Securities and Exchange Commission (SEC) chief Gary Gensler said Thursday that federal financial regulators should “be ready to bring cases” against bad actors in crypto and other emerging technologies.
“As we continue to stay abreast of those developments, the SEC and FINRA should be ready to bring cases involving issues such as crypto, cyber and fintech,” Gensler told FINRA conference attendees. He highlighted investor protection throughout his brief remarks.
“We need to do whatever we can to ensure that bad actors aren’t playing with working families’ savings and that the rules are enforced aggressively and consistently,” Gensler said.
By Amy Liu
Tags: Crypto,Gary Gensler,SEC
Link: Gensler Says SEC Should Be ‘Ready to Bring Cases’ Involving Crypto [Copy]