SEC transfers top litigator and former crypto unit boss to IT department
The Securities and Exchange Commission (SEC) has reportedly transferred its chief litigation counsel, Jorge Tenreiro, from overseeing the Division of Enforcement's lawsuits and investigations to the agency's IT department. The SEC has also reassigned senior lawyer Natasha Guinan, who helped write the controversial 2022 crypto accounting rule, to an unknown role. The reported transfers come a day after the SEC started to scale back its 50-staff crypto enforcement unit, including one of the unit's top lawyers. President Donald Trump established a crypto working group to make a legal framework for the industry, and the SEC is now looking at retroactive relief for token offerings in some cases.
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
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
