The U.S. Securities and Exchange Commission is "getting back to [its] roots of promoting, rather than stifling innovation" against the backdrop of the agency's recent sweeping changes and shifting enforcement priorities,[1] said SEC Chair Paul Atkins.
Atkins was speaking at the Practising Law Institute's SEC Speaks conference, held on May 19 and 20 in Washington, D.C.
Echoing this sentiment within the crypto context, SEC Commissioner Hester Peirce, announced that "the Commission now has begun the work of providing clarity" following the previous SEC practice of "rel[ying] on enforcement actions to tell people how it views the application of securities laws to crypto and as a substitute for notice-and-comment rulemaking."[2]
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