Former SEC Enforcement Division Assistant Director: SEC under Trump will "vigorously pursue" cryptocurrency regulation

Jennifer Lee, former Assistant Director of Enforcement at the SEC, said that if Donald Trump is re-elected, it may not change the SEC's stance on cryptocurrency. Lee told CNBC that the SEC "vigorously pursued cryptocurrency cases" during Trump's first term as president and brought "sunshine and regulation" to this emerging industry. If Trump is re-elected for a second term as president, the SEC will continue to "define its space and enter the cryptocurrency field." The SEC's jurisdiction over specific cryptocurrencies is more consistent, but its jurisdiction over the industry as a whole remains an unresolved issue.