The SEC Should Not Sacrifice Citizens on the Altar of Private Sector Innovation
Republicans on the House Financial Services Committee are pushing hard on legislation that would regulate the structure of digital asset markets. Like most other proposals for crypto legislation that we have seen from Congress thus far, this discussion draft is a terrible blueprint for regulation that would tailor, exempt and repeal existing laws in order to accommodate crypto industry business models, notwithstanding the harm they have caused.
Allen, Hilary J., "The SEC Should Not Sacrifice Citizens on the Altar of Private Sector Innovation" (2023). Popular Media. 539.