Jump to content

SEC: Punishing Progress While Rewarding Confusion - Roslyn Layton / Forbes


Recommended Posts

The Securities and Exchange Commission (SEC) has trafficked in some high-visibility, low-value enforcements, like the overhyped fine against Kim Kardashian. Regulators sometimes use headline grabbing to send political messages and to demonstrates their value to stakeholders. The agency has been on an enforcement tear of late, eager to bash any and all crypto assets—even those which play by its rules. While SEC Chairman Gensler tells innovators to “come in and talk to us” to find out what the rules are, companies risk being hammered for doing something no one knew is wrong. Sadly, this egregious effort has deterred the innovations that investors want. Look at Grayscale, Ripple, Robinhood and Coinbase.

Read the rest here...


Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...