Published • loading... • Updated
Hester Peirce to Leave SEC
Her exit leaves the SEC with two commissioners as the agency advances new crypto policy and token classification rules.
- SEC Commissioner Hester Peirce announced Friday her resignation effective Oct. 2, ending a tenure defined by her efforts to establish clear regulatory rules for the crypto industry during the terms of Republican Jay Clayton and Democrat Gary Gensler.
- Blockchain Association CEO Summer Mersinger also confirmed her departure effective Oct. 16, with both announcements arriving 10 days after the Senate blocked the Clarity Act, the market structure legislation the industry had long pursued.
- Often called "Crypto Mom," Peirce led the SEC's Crypto Task Force, pushing for an "innovation exemption" and proposing Regulation Crypto Assets to create a system for offering assets without triggering stringent securities regulations.
- Her departure leaves the commission with just two members, Chairman Paul Atkins and Mark Uyeda, though it remains unclear whether President Trump will seek to fill the vacancies in the near term.
- Simultaneously, stablecoin issuer Circle announced CFO Jeremy Fox-Geen will step down by year-end, capping a week of leadership changes in Washington that follow years of industry-resistant enforcement actions from the regulator.
Insights by Ground AI
Podcasts & Opinions
47 Articles
47 Articles
Watch SEC Has 'Turned Corner' On Crypto: Hester Peirce
SEC commissioner, Hester Peirce joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." This week marks the last week for Peirce as a commissioner of the SEC. They discuss how the crypto industry has changed in her almost nine years as commissioner.
·New York, United States
Read Full Article
Hester Peirce will leave the SEC in October 2026. A turning point for the crypto industry while the US regulatory framework remains uncertain.
Hester Peirce's exit puts the SEC’s unfinished crypto agenda in two hands
Hester Peirce plans to leave the Securities and Exchange Commission on Oct. 2, leaving Chair Paul Atkins and Commissioner Mark Uyeda to handle a crypto offering proposal still open for comment. The agency can legally operate with two commissioners. Whether…
CointelegraphReposted by 
The New York Ledger
The New York LedgerHester Peirce to leave SEC
SEC Commissioner Hester Peirce to step down Oct. 2
·New York, United States
Read Full Article
Coverage Details
Total News Sources47
Leaning Left0Leaning Right0Center8Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
