Law360 (August 19, 2021, 5:12 PM EDT) — The U.S. Securities and Change Fee introduced three enforcement actions regarding digital property in fast succession in every week, underlining that the Division of Enforcement is as dedicated to crypto enforcement below SEC Chair Gary Gensler because it was below former Chair Jay Clayton.
These actions come on the heels of Gensler’s Aug. 3 speech earlier than the Aspen Safety Discussion board. Gensler’s views have been clear: “Proper now, we simply haven’t got sufficient investor safety in crypto. Frankly, right now, it is extra just like the Wild West.”
Many digital tokens are unregistered securities as a result of they’re funding contracts below the take a look at the U.S. Supreme…
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