U.S. Securities and Exchange Commission
|U.S. Securities and Exchange Commission|
|Key People||Jay Clayton, Chair; Valerie Szczepanik, Senior Advisor for Cryptocurrency|
|Products||U.S. government securities regulation|
The U.S. Securities and Exchange Commission (SEC) is the U.S. regulatory agency charged with the oversight of securities markets and market participants in the U.S. Its mission is to protect investors, to maintain fair, orderly, and efficient markets, and to facilitate capital formation.
The SEC and Cryptocurrency
The SEC is also one of the main U.S. government institutions tasked with the regulation of cryptocurrency issuance and trading, along with the CFTC. In June 2018, the SEC appointed Valerie Szczepanik as associate director of the Division of Corporation Finance and senior adviser for digital assets and innovation.
In July 2018, FINRA approved Coinbase's acquisition of three companies - Keystone Capital Corp., Venovate Marketplace Inc., and Digital Wealth LLC - which enabled Coinbase to offer security tokens legally, under federal oversight.
- SEC Appoints New Crypto Chief to Oversee Digital Assets and ICOs. Fortune.
- INVESTOR ALERT: PONZI SCHEMES USING VIRTUAL CURRENCIES. U.S.Securities and Exchange Commission.
- INVESTOR ALERT: BITCOIN AND OTHER VIRTUAL CURRENCY-RELATED INVESTMENTS. U.S. Securities and Exchange Commission.
- Coinbase Says It Has Green Light to List Coins Deemed Securities. Bloomberg.