SEC Chair Gary Gensler revealed details of a $5 billion enforcement action by the agency in 2023, emphasizing the agency's achievements and addressing the cryptocurrency market. He reiterated his stance that the majority of cryptocurrencies qualify as security. In a groundbreaking announcement, Gensler confirmed the SEC's adoption of AI technologies to scrutinize the financial sector for signs of fraud and manipulation. SEC Commissioner Hester Peirce expressed dissent on the SEC's approach to the LBRY case, calling out the arbitrariness and real-life consequences of the SEC's crypto enforcement.
Hester Peirce has expressed concern over the SEC’s approach towards crypto enforcement, explicitly referencing the recent LBRY case https://t.co/gtYjLrA8dh
SEC Commissioner Hester Peirce shares her dissent on the LBRY case, calling out the "arbitrariness" & "real-life consequences" of the SEC’s crypto enforcement. https://t.co/AtM00Sfycb
ICYMI: Hester Peirce lambasts the SEC’s approach to LBRY, says there is not a clear path to register https://t.co/WX4HQ8FoEH
NEWS: Hester Peirce says the SEC case against LBRY "unsettled me" https://t.co/QPf1091OZg
Hester Peirce lambasts the SEC's approach to LBRY, says there is not a clear path to register https://t.co/7ZhLH0pbl9
in new statement, @HesterPeirce says she voted no on @SECGov suit v. token issuer LBRY. "Our scorched earth approach ... was completely out of proportion to any investor harm."
🔍 Unveiling the Future: SEC Chair Gary Gensler discusses the pivotal role of AI in transforming market surveillance and ensuring a safer financial landscape. Dive into the conversation to learn more about the SEC's innovative approach to maintaining market integrity. In a… https://t.co/IDg4gzukvG https://t.co/AQj89YOhYM
In a groundbreaking announcement, SEC Chair Gary Gensler confirmed the agency's adoption of AI technologies to scrutinize the financial sector, aiming to unearth signs of fraud and manipulation. 🕵️♂️ Watch the Senate oversight hearing and discover how the SEC is leveraging AI for… https://t.co/Wrh4AD7WYr https://t.co/bFZdPd8EYY
.@MarkSchoeff of @investmentnews talks to our Legal Director Steve Hall about the @SECGov's agenda, including new rules to protect investors from the downsides of #AI technologies. https://t.co/IR0PJNOJ8Z
In his latest address, SEC Chair Gary Gensler emphasized the agency’s $5 billion enforcement achievements and critically addressed the cryptocurrency market, sparking industry-wide discussions https://t.co/bZC9yYkUpr
SEC chief Gary Gensler revealed details of the $5 billion enforcement action by the agency in 2023 while shading crypto and reiterating his earlier stance that the majority of the cryptocurrencies qualify as security. https://t.co/lPXVJmkA58