A Crypto Moratorium? Firms Worry SEC Plan Could Close Market Off to Big Investors
Also, Gensler fails to get 5-0 vote on faster stock settlements; mutual funds blast swing pricing proposal
Crypto companies have long contended that Gary Gensler is trying to shut them down with enforcement actions. However, the SEC chair also seems to be targeting the industry via the rulemaking process. Today, the commission met to approve a proposal that would set new requirements for how investment firms must protect customer assets. And while the policy…
Keep reading with a 7-day free trial
Subscribe to Capitol Account to keep reading this post and get 7 days of free access to the full post archives.