SEC’s Gensler Says House Bill Would ‘Undermine’ Regulator’s Crypto, Capital Markets Oversight

SEC’s Gensler Says House Bill Would ‘Undermine’ Regulator’s Crypto, Capital Markets Oversight

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Source: Coindesk.com

The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday.

"The Financial Innovation and Technology for the 21st Century Act ('FIT 21') would create new regulatory gaps and undermine decades of precedent regarding the oversight of investment contracts, putting

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The post "SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight" appeared first here Coindesk.com.

Source: Coindesk.com

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