SEC Commissioner Hester Peirce Voices Concerns Over SAB 121 and SEC's Regulatory Tactics
Tuesday, 2 April 2024, 17:12
SEC Commissioner Hester Peirce on SAB 121
The SEC's Hester Peirce has denounced the regulatory guideline SAB 121 as a 'pernicious weed,' indicating strong opposition to its implications on the crypto market.
Critique of SEC's Regulatory Approach
In her critique, Peirce highlights the closed-door nature of the agency's regulatory strategy, pointing towards a lack of transparency and communication within the crypto industry.
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