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Hester Pierce; a lone dissenting voice at SEC fighting for crypto investors


Julian_Williams

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  • Julian_Williams changed the title to Hester Pierce; a lone dissenting voice at SEC fighting for crypto investors

Below was copied pasted from reddit r/ripple 02/14/2022

https://www.sec.gov/news/statement/peirce-blockfi-20220214

 

...our process speaks volumes about our integrity as a regulator. Inviting people to come in and talk to us only to drag them through a difficult, lengthy, unproductive, and labyrinthine regulatory process casts the Commission in a bad light and thus makes us a less effective regulator. Third, a company that tries to do the right thing should be met across the table by a regulator that tries to get to a sensible result in a reasonable timeframe. For the sake of the American public, our own reputation, and the companies that heed our call to come in and talk to us, we need to do better than we have so far at accommodating innovation through thoughtful use of the exemptive authority Congress gave us.

Edited by peanut56
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