Roisman Named Acting SEC Chairman, Peirce Tweets

President-elect Joe Biden will likely announce Clayton's permanent replacement shortly. Elad Roisman will take over as Chairman of the United States Securities and Exchange Commission effective immediately, according to Commissioner Hester Peirce.Peirce broke the news on Twitter Thursday morning, where she congratulated Roisman for his appointment.Congratulations, Chairman Roisman! I look forward to your leadership of the SEC.— Hester Peirce (@HesterPeirce) December 24, 2020 Both Republican commissioners, Peirce and Roisman were the leading candidates to replace Jay Clayton as....

Roisman was sworn into the SEC in 2018 and served as acting chair until January 2021, with his term as commissioner originally set to expire in 2023. Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency.In a Monday announcement, Roisman said he had sent a letter to President Joe Biden informing him of his decision to leave the SEC by the end of January 2022. The SEC commissioner said he would continue working with his colleagues “to further our mission of protecting investors, maintaining fair,....

The commissioner of the SEC, Hester Peirce, told an audience at CFC 2021 that crypto regulation should be focused on innovation, and that the U.S should be number one. SEC Commissioner Hester Peirce spoke at the CFC 2021 virtual blockchain conference on Jan. 20, where she discussed the prospect of working with a new Biden-appointed chairman, and touched on her hopes of providing the cryptocurrency space with some “safe harbor”.Known affectionately by cryptocurrency enthusiasts as “Crypto Mom”, Peirce addressed the changeover at the SEC that saw former chairman Jay Clayton depart his post....

"The Agenda — through its silence on crypto — signals that the market can expect continued questions around the application of our securities laws to this area of increasing investor interest,” said two SEC commissioners. Hester Peirce, a commissioner for the United States Securities and Exchange Commission known by many in the space as Crypto Mom, is pushing back against the regulatory body’s agenda for not including clarification on digital assets.In a Monday joint statement, Peirce and SEC Commissioner Elad Roisman said they were “disappointed” in the content of chairperson Gary....

The newly appointed and pro-crypto acting chairman of the US Securities and Exchange Commission (SEC), Mark Uyeda, has announced the formation of a dedicated Digital Assets Task Force aimed at establishing a clear regulatory framework for the industry.  This initiative follows years of heavy criticism against the regulator led by its former chair, Gary Gensler, […]