US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

私たち. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), ゲイリー・ゲンスラー, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn about the SEC’s crypto investigations, like the one into FTX, through the media.”

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Lawmaker Wants SEC Chair Gensler to Testify Regarding Crypto Regulation

私たち. Congressman Tom Emmer (R-MN) wants the chairman of the U.S. 証券取引委員会 (SEC), ゲイリー・ゲンスラー, to testify before Congress about his failures, particularly in regulating the crypto industry. The congressman from Minnesota tweeted Friday:

Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn about the SEC’s crypto investigations, like the one into FTX, through the media.

He noted that the SEC chief “hasn’t publicly appeared before the House Financial Services since October 5, 2021.」

Emmer, who chairs the Congressional Blockchain Caucus, described in a different tweet that his team “received info from several sources … that Gary Gensler’s efforts to gather info on crypto companies were not targeted, intentional, or clear; rather, the SEC’s requests were haphazard and unfocused.”

The lawmaker emphasized:

We now know Gensler’s crypto information-gathering efforts were ineffective.

Rep. Emmer explained that he previously sent Gensler a letter requesting information about how the securities watchdog plans to regulate the crypto sector. でも, he said the SEC chief “declined to provide Congress with the information requested in the letter, which would’ve informed Congress of the apparent inconsistencies in Gensler’s approach that caused him to miss Terra/Luna, 摂氏, Voyager, and FTX.”

Emmer concluded:

Gary Gensler must testify before Congress and answer questions about the cost of his regulatory failures.

The lawmaker has repeatedly criticized Gensler and his enforcement-centric approach to crypto regulation. In June he 言った: “Under Chair Gensler, the SEC has become a power-hungry regulator, politicizing enforcement, baiting companies to ‘come in and talk’ to the Commission, then hitting them with enforcement actions, discouraging good-faith cooperation.” Last month, 彼 言った: “Chair Gensler’s regime at the SEC has been characterized by regulatory hypocrisy and inconsistency. Unacceptable that Gary Gensler doesn’t hold himself to the same transparency standards that he places on the private sector.”

The securities regulator 発表した Tuesday that it has charged FTX and former CEO Sam Bankman-Fried (SBF) with “orchestrating a scheme to defraud equity investors.”

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ケビン・ヘルムズ

オーストリア経済学の学生, ケビンがビットコインを発見 2011 それ以来ずっとエバンジェリストです. 彼の関心はビットコインのセキュリティにあります, オープンソース システム, ネットワーク効果と経済学と暗号の交差点.




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