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SEC’s Hest...
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SEC’s Hester Peirce Calls for Clarity, Targets Bad Actors

  • Hester Peirce, a commissioner at the SEC, emphasized the need for clarity in regulatory goals to differentiate between responsible and malicious actors.
  • Peirce highlighted the challenges posed by legal uncertainty, stating that vague rules create a favorable environment for bad actors while pushing honest participants away.
  • She has been a proponent of clear, innovation-friendly policies to support emerging technologies like cryptocurrency within the U.S. and prevent them from moving offshore.
  • Peirce's remarks come amid criticism of the SEC's regulatory approach, with calls for a balance that promotes innovation rather than stifling it in the fast-evolving crypto and fintech sectors.

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