SELECT LANGUAGE BELOW

18 states sue SEC, Gensler for 'regulatory overreach' on crypto

18 republican the attorney general was sued On Thursday, the Securities and Exchange Commission (SEC) and Chairman Gary Gensler were accused of overstepping the agency's authority in enforcement actions against the cryptocurrency industry. The states, led by Kentucky Attorney General Russell Coleman, have argued that the SEC is “unilaterally attempting to take regulatory authority away […]

Trump weighs Wall Street lawyer Richard Farley as SEC chair candidate: sources

A top Wall Street lawyer known for his research on leveraged buyouts has been floated as a candidate to head the Securities and Exchange Commission under the Trump administration, the Post reported. According to people familiar with the matter, Richard Farley, a partner at the blue-chip New York law firm Kramer, Levin, Naftalis & Frankel […]

Financial trade group calls on SEC chief Gensler to 'immediately' step down

The American Securities Association (ASA), a financial industry group, has called on Securities and Exchange Commission (SEC) Chairman Gary Gensler to resign immediately following former President Donald Trump's re-election. “Last night, the people voted to move this country in a new direction, and Chairman Gensler should respect that vote and resign immediately,” ASA President and […]

SEC commissioner Uyeda backs Trump’s plan to end crypto crackdown

SEC Commissioner Mark Ueda talks about the agency's handling of cryptocurrencies on “Morning with Maria.” Republican SEC Chairman Mark Ueda wants to help the Biden administration fulfill President-elect Donald Trump's promise to end the so-called crypto wars, FOX Business has learned. Mr. Ueda has served as a member of the commission since 2022, and told […]