The SEC's current chairman recently emphasized a critical point about regulatory frameworks. He stressed the importance of ensuring that existing rules are actually suitable for their intended purpose. This statement hints at potential regulatory adjustments ahead, which could reshape how compliance standards are applied across the crypto industry. The focus on making rules "fit for purpose" suggests a pragmatic approach to oversight rather than rigid enforcement.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
5
Repost
Share
Comment
0/400
NotAFinancialAdvice
· 12-02 13:53
In plain terms, it means the SEC is preparing to change the rules. I don’t believe that trap can still be used anyway.
View OriginalReply0
SneakyFlashloan
· 12-02 13:48
Speaking of this "fit for purpose", it sounds like the rules are about to change again. Is it really a relaxation or just a different angle to Be Played for Suckers...
View OriginalReply0
MetamaskMechanic
· 12-02 13:34
It's easy to say, but we still have to wait to see how it actually adjusts.
View OriginalReply0
FallingLeaf
· 12-02 13:33
It sounds like it's paving the way for loosening restrictions. However, it is hard to say how long this trap of rhetoric can hold up.
View OriginalReply0
OnchainDetectiveBing
· 12-02 13:29
Um... so to put it simply, the current rules are not compatible at all and need to be changed.
The SEC's current chairman recently emphasized a critical point about regulatory frameworks. He stressed the importance of ensuring that existing rules are actually suitable for their intended purpose. This statement hints at potential regulatory adjustments ahead, which could reshape how compliance standards are applied across the crypto industry. The focus on making rules "fit for purpose" suggests a pragmatic approach to oversight rather than rigid enforcement.