Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC). Call for more investor protection in the cryptocurrency market.
He said, “This asset class is rife with fraud, scams and abuse in some applications. In many cases, investors cannot obtain strict, balanced and complete information about tokens or trading and lending platforms.” In addition, investment The advisory committee makes recommendations to the U.S. Securities and Exchange Commission on regulatory priorities. Including measures to protect the interests of investors and promote investor confidence and the integrity of the securities market.