The SEC’s Scattershot and Inefficient Approach to Crypto: Commissioner Hester Peirce Comments on New Staff Bulletin on Crypto

The Securities and Exchange Commission (SEC) has posted a Staff Accounting Bulletin (SAB) expressing the view of the staff regarding the “accounting for obligations to safeguard crypto-assets an entity holds for platform users.” The SAB adds “interpretive guidance” regarding “obligations to safeguard crypto-assets held for… Read More
Read more in: Blockchain & Digital Assets, Opinion, Politics, Legal & Regulation | Tagged aec, hester peirce, sab, staff accounting bulletin