SEC Change to Quorum Rules Took Affect After Commissioner Departed
8 Articles
8 Articles
SEC Change to Quorum Rules Took Affect After Commissioner Departed
A recent amendment in the SEC’s quorum requirements could allow just one of its commissioners to pass rules governing the crypto industry.
The failure of the US Congress to pass a comprehensive digital asset market structure bill has shifted the burden of creating rules for the entire sector to regulatory agencies.
SEC’s Missed Leadership Role May Slow or Shift Crypto Rulemaking
With Congress failing to advance a comprehensive digital asset market structure bill, U.S. crypto oversight is increasingly shifting from legislation to rulemaking. That change is happening as the two main federal regulators responsible for crypto-related enforcement and market guidance— the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—face a leadership vacuum that leaves key decisions concentrated…
SEC Revises Quorum Rules: What It Could Mean for Crypto Regulation
The amendment expands an existing disqualification exception along two separate pathways. First, if fewer than three commissioners are in office at any given time, the number actually in office constitutes a quorum.Read more...
SEC Commissioner Mark Uyeda defends quorum rule revisions
The SEC's quorum rule change may streamline decision-making but risks legal challenges and highlights the urgency of filling vacant seats.
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