SEC Chair Gary Gensler, speaking at a conference hosted by Columbia Law School on Friday, highlighted the critical role of transparency and regulatory compliance in the financial markets, with a particular focus on the burgeoning cryptocurrency sector.
“There are participants in crypto securities markets that seek to avoid these registration requirements,” Gensler stated, emphasizing the consequences of such avoidance, The Block reported.
He further suggested that the crypto market is in dire need of regulatory clarity and oversight.
“No registration means no mandatory disclosure. Many would agree that ...