SEC Director Grewal: A Decade’s Worth Of Crypto Arguments Defeated In Court, Now Let’s Protect Investors
SEC’s enforcement director Gurbir Grewal on Wednesday reiterated the SEC’s unwavering stance on the application of federal securities laws to the cryptocurrency industry, amid a string of court decisions upholding the watchdog’s authority to regulate crypto assets. What Happened: In an address to attendees at a PLI event, Grewal pointed out that the forthcoming discussions by his colleagues from the Enforcement Division would shed light on pivotal issues and enforcement initiatives, thereby aiding legal professionals in better advising their clients. In his elucidation of the “why” behind the …