The first half of 2022 has seen US Securities and Exchange Commission (SEC) Chair Gary Gensler move swiftly in introducing a range of progressive—and often controversial—rulemaking proposals.
Partner Erin Martin spoke to Law360 about the SEC’s potential approach to crypto regulation in the second half of 2022.
Erin pointed out that the spring SEC agenda doesn't have a crypto-specific proposal, falling in line with Gensler having been "somewhat consistently resolute in his belief that the current regulatory regime works."
She added that while the proposal is unlikely to pass in its current form, it could serve as a building block for lawmakers after the midterm elections.