USA. säkerhet och utbytesprovision (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman Gary Gensler commented: “I continue to be impressed with our Division of Enforcement.”
Innehåll
SEC Focused on Enforcement
USA. säkerhet och utbytesprovision (SEC) announced its enforcement results for the fiscal year 2022 på tisdag.
During that time, the SEC “filed 760 enforcement actions and recovered a record $6.4 billion in penalties and disgorgement on behalf of the investing public,” the regulator explained. The total number of enforcement actions represents a 9% increase over the prior year.
SEC Chairman Gary Gensler opined:
I continue to be impressed with our Division of Enforcement … Enforcement results change from year to year. What stays the same is the staff’s commitment to follow the facts wherever they lead.
The SEC noted that regarding the crypto industry, it announced in May the addition of 20 positioner to the renamed Crypto Assets and Cyber Unit (previously called the Cyber Unit), nearly doubling that unit’s staffing. The agency emphasized:
Enforcement remains focused on the rapidly evolving crypto asset securities space.
Staff across the SEC’s Division of Enforcement also continued to investigate potential crypto-related misconduct, leading to several significant enforcement actions, the regulator described. They included charges against Blockfi Lending LLC, charges against 11 individuals for their alleged roles in crypto Ponzi scheme Forsage, and “insider trading charges” against former Coinbase product manager Ishan Wahi and his associates.
Gensler has often been criticized for his enforcement-centric approach to regulating the crypto industry. Following the collapse of crypto exchange FTX, a growing number of lawmakers have called on the SEC to tighten crypto oversight. The SEC chief said the crypto field is “significantly non-compliant.”
Congressman Brad Sherman (D-CA) has urged the SEC to take decisive action to regulate the industry. The White House, Treasury Secretary Janet Yellen, Federal Reserve Vice Chair Lael Brainard, and several U.S. senators have all called for proper crypto oversight. Senator Elizabeth Warren (D-MA) stressed that crypto needs “more aggressive enforcement,” noting that she will keep pushing the SEC to enforce the law.
What do you think about the SEC’s enforcement-centric approach to regulation? Låt oss veta i kommentarsfältet nedan.
Bildkrediter: Shutterstock, Pixabay, Wiki Commons
varning: Den här artikeln är endast i informationssyfte. Det är inte ett direkt erbjudande eller uppmaning till ett erbjudande att köpa eller sälja, eller en rekommendation eller rekommendation av någon produkt, tjänster, eller företag. Bitcoin-Tidings.com ger inte investeringar, beskatta, Rättslig, eller redovisningsrådgivning. Varken företaget eller författaren ansvarar, direkt eller indirekt, för alla skador eller förluster som orsakas eller påstås vara orsakade av eller i samband med användningen av eller tilliten till något innehåll, varor eller tjänster som nämns i denna artikel.
Läsa varning