SEC Chairman Gary Gensler Adds Crypto Adviser to Executive Staff
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SEC Chairman Gary Gensler Adds Crypto Adviser to Executive Staff

THELOGICALINDIAN - The US Securities and Exchange Commission SEC has added a cardinal of admiral to Chairman Gary Genslers controlling agents Among them is Corey Frayer who advises Gensler on SEC policymaking and interagency assignment apropos to the blank of crypto assets

SEC Has New Adviser for the Oversight of Crypto Assets

The U.S. Securities and Exchange Commission (SEC) appear Thursday the accessories of Corey Frayer, Phil Havenstein, Jennifer Songer, and Jorge Tenreiro to Chairman Gary Gensler’s controlling staff. The advertisement details:

Before abutting the SEC, Frayer served as chief able agents on the U.S. Senate Committee on Banking, Housing, and Urban Affairs for Chairman Sherrod Brown. He additionally spent a decade as a chief adviser for Rep. Maxine Waters on the House Financial Services Committee and Rep. Brad Miller of North Carolina.

Havenstein serves as an adviser to Gensler on affairs accompanying to bureau administration, operations, and management. Songer counsels him on affairs accompanying to advance companies and advance admiral while Tenreiro counsels him on affairs involving the Division of Enforcement.

In December, Gensler alleged for more broker protection in crypto markets. “This asset chic is abounding with fraud, scams, and corruption in assertive applications,” he said. “In abounding cases, investors aren’t able to get rigorous, balanced, and complete advice on tokens or trading and lending platforms.”

The SEC, beneath Gensler, has accustomed some bitcoin futures exchange-traded funds (ETFs). However, the agency has not accustomed any atom bitcoin ETFs. In November, U.S. Reps. Tom Emmer and Darren Soto beatific a letter to Gensler advancement the SEC to permit the trading of atom bitcoin ETFs.

What do you anticipate of the SEC abacus a crypto adviser to Gensler’s controlling staff? Let us apperceive in the comments area below.

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