· Gary Gensler Wiki · U.S. Securities and Exchange Commission Wiki“Investor Protection in a Digital Age," Remarks Before the 2022 NASAA Spring Meeting & Public Policy Symposium
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler argues that platforms handling billions of tokens a day must comply with existing law.
Problems raised
- Crypto platforms trade huge volumes daily.
- Many crypto tokens are securities.
- Investors lack protection.
Solutions proposed
- Apply securities law to investment contracts.
- Bring platforms into compliance.
- Cooperate with state regulators.