SEC Commissioner: Many enforcement cases initiated by the SEC seem to have no rhyme or reason
Hester Peirce, a commissioner of the US Securities and Exchange Commission (SEC), said at an industry conference that many of the enforcement cases initiated by the SEC seem to have no rhyme or reason. In 2023, the SEC will increase its enforcement actions related to securities issuance by 48%, one of which is the case against NFT issuer Stoner Cats 2 LLC, and Peirce said, "I don't think its primary goal is to prevent people from buying Stoner Cats." When asked about her views on the "outcome" of the SEC's work in the crypto space, Peirce did not give a clear answer, saying, "We need to stick to the authority given to us by Congress, rather than go beyond that scope."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Announcement on Bitget listing MSTR, COIN, HOOD, DFDV RWA Index perpetual futures
Bitget to support loan and margin functions for select assets in unified account
[Initial Listing] Camp Network (CAMP) will be listed in Bitget Innovation and Public Chain Zone
XPLUSDT now launched for pre-market futures trading
Trending news
MoreCrypto prices
More








