· Mark T. Uyeda · U.S. Securities and Exchange Commission WikiIntroductory Remarks at the 2nd Annual Judge Stanley Sporkin SEC Division of Enforcement Directors Panel
Read full speech on sec.gov ↗ContextSpeech by Mark T. Uyeda, Chair of the U.S. Securities and Exchange Commission.
Why it mattersThe acting SEC chair announces a crypto task force and a narrower use of enforcement.
Problems raised
- Fraudsters use innovation to deceive investors.
- Paternalistic rules can limit investor choice.
- Crypto lacks a clear regulatory framework.
Solutions proposed
- Keep enforcing against fraud in all areas.
- Create a crypto task force to build clear rules.
- Use enforcement resources judiciously.