President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.
"Arbitrary" and "capricious" will forever characterize Gary Gensler's tenure at the helm of the U.S. Securities and Exchange Commission, a couple of words used in two crucial rebukes by U.S. courts. Why it matters: The former Goldman partner and veteran regulator established the crypto industry as enemy number one from the outset of his term in 2021.
Some crypto firms worry that the agency's harsh enforcement actions may still impact them months or years into a new administration.
The newly inaugurated Trump White House taps the contrarian commissioner as temporary head amid a slew of walk-outs from the agency.
A new report from the financial insights firm Cornerstone Research claims that Gary Gensler slowed down crypto enforcement actions in his final year as the U.S. Securities and Exchange Commission (SEC) chair.
The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.
Not so long ago, cryptocurrency firms the world over had a common enemy: former US Securities and Exchange Commission Chair Gary Gensler, who had orchestrated a sweeping crackdown on the industry. In their scorn for him, crypto firms were united.
Gary Gensler, SEC Chair for 4 years, resigns on January 20, leaving room for new leadership poised for pro-crypto policies under Trump administration.
The SEC has said it won't back off its Ripple lawsuit appeal until outgoing SEC Chair Gary Gensler leaves the agency on Monday.
The US Securities and Exchange Commission will launch a cryptocurrency-focused task force to come up with ways to regulate the market, in one of the first moves by the agency after the resignation of crypto skeptic Gary Gensler.
There has been a wave of crypto ETF filings after Gary Gensler stepped down, including requests to launch DOGE, BONK and TRUMP ETFs.
The SEC’s statement regarding the commission doesn’t really provide much insight into what it will seek to do, other than “provide clarity” on the rules regulating the crypto industry. It will likely achieve that by just stripping back those rules altogether,