The interim president of the United States Stock Exchange and Securities Commission (SEC), Mark Uyeda, announced a list of the newly appointed executive personnel of the agency on Tuesday, including three members of the Crypto task force.
Two of those named of the working group come from the Rows of the SEC. Richard Gabbert, who previously served as a lawyer for the chief commissioner of the Crypto-Friendly Hester Pierce task force will be his personnel boss, as well as the main advisor of Uyeda. Taylor Asher, who was previously Senior Policies Advisor at Uyeda, will be the main policy advisor of the working group.
The other appointed appointed, Landon Zinda, who will be a Uyeda lawyer and main advisor to the task force, previously served as a policy director for Crypto Think Tank Coin Center. Before his work for Coin Center, Zinda worked for two cryptographic congressmen, Senator Pat Toomey (R-PA.) And representative Tom Emmer (R-minn.).
The SEC announced the formation of the new Crypto task force last month, only one day after former President Gary Gensler resigned. The working group will focus on “developing a comprehensive and clear regulatory framework for cryptographic assets”, and will work in close collaboration with Congress and the cryptographic industry, as well as the sister regulatory agency, the Future Trade Commission of basic products (CFTC), according to the press release announcing its training
The formation of the Crypto task force occurs when the agency reviews its focus on cryptographic regulation, moving away from the practice of the so -called regulation by the application that became a standard practice under former President Gensler.
“To date, the SEC has been based mainly on application actions to regulate cryptoactive and reactive, often adopting new legal interpretations and not tested on the road,” the SC said in a press release. “The clarity about who should register and the practical solutions for those who seek to register have been difficult to achieve. The result has been confusion about what is legal, which creates an environment hostile to innovation and leads to fraud. The SEC can do better. “
