SEC Chairman Gary Gensler Adds Crypto Advisor to Executive Staff – Bitcoin News Regulation

SEC Chairman Gary Gensler Adds Crypto Advisor to Executive Staff – Bitcoin News Regulation

The U.S. Securities and Exchange Commission (SEC) has added a number of advisers to the executive staff of Chairman Gary Gensler. Among them is Corey Frayer, who advises Gensler on “SEC policy-making and inter-agency work on cryptocurrency surveillance.”

The SEC has a new advisor to monitor crypto assets

The U.S. Securities and Exchange Commission (SEC) announced on Thursday the appointments of Corey Frayer, Phil Havenstein, Jennifer Songer and Jorge Tenreir to the executive staff of President Gary Gensler. Announcement details:

Corey Frayer advises President Gensler on SEC policy-making and inter-agency work on cryptocurrency oversight.

Prior to joining the SEC, Frayer served as senior professional staff on the U.S. Senate Banking, Housing and Urban Affairs Committee for President Sherrod Brown. He also spent a decade as a senior tail advisor. Maxine Waters on the House Financial Services Committee and North Carolina MP Brad Miller.

Havenstein serves as an advisor to Gensler on issues related to the administration, business and management of the agency. Songer advises him on matters relating to investment firms and investment advisers, while Tenreiro advises him on matters relating to the Enforcement Division.

In December, Gensler called more investor protection in crypto markets. “This class of property is full of fraud, fraud and abuse in certain applications,” he said. “In many cases, investors are unable to obtain rigorous, balanced and complete information on tokens or trading and lending platforms.”

The SEC, under Gensler, has approved some funds that are traded on bitcoin futures (ETFs). However, the commission did not approve any bitcoin ETF spots. In November, U.S. representatives Tom Emmer and Darren Soto sent a letter to Gensler urging the SEC to allow trading spot bitcoin ETFs.

Labels in this story

Corey Frayer, crypto Advisor, crypto advisors, Crypto regulation, cryptocurrency advisor, cryptocurrency legislation, Cryptocurrency regulation, executive staff, Gary Gensler, investor protection, market manipulation, SEC, SEC President Gary Gensler

What do you think about the SEC adding a crypto advisor to Gensler’s executive staff? Let us know in the comments section below.

SEC Chairman Gary Gensler Adds Crypto Advisor to Executive Staff – Bitcoin News Regulation

Kevin Helms

A student of Austrian economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in bitcoin security, open-source systems, network effects and the crossroads between economics and cryptography.




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