U.S. Securities and Exchange Commission Chair Gary Gensler urges crypto exchanges to comply with rules and calls for proper disclosures for securities. Gensler's time leading the agency may be coming to an end.

On November 14, Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), reflected on his leadership experience in a speech and hinted at a possible resignation. The election of Donald Trump as president could have a significant impact on the cryptocurrency industry, as he will have the ability to appoint a new SEC chairman who may adopt a different approach to cryptocurrencies than the current chairman. The new SEC leadership may suspend enforcement actions solely targeting registration violations, release updated guidance on determining when crypto assets are sold as securities, propose new crypto regulations, utilize exemptions, and update statements for special purpose broker-dealers. Cryptocurrency market participants should be prepared to engage with the new SEC leadership to ensure that the industry's perspectives are considered.

Introduction: On November 14, Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), delivered a speech at the 56th Annual Securities Regulation Conference of the American Bar Association, reflecting on his experience leading the agency's team. He stated, "I am deeply honored to work with them, serve the people, and ensure that our capital markets continue to be the best in the world... I am proud to work day in and day out alongside my colleagues at the SEC to protect American families in the financial markets." This sounded very much like a farewell public speech. Some sources have indicated that Gensler may resign, similar to past SEC leaders. However, he may also decide to continue serving as a commissioner. Body: Given Donald Trump's promise to create a government supportive of cryptocurrencies during his campaign, his election as president could significantly impact the cryptocurrency industry. Trump would be able to appoint a new SEC chairman, who might decide to adopt a different approach to cryptocurrencies than the current chairman, Gary Gensler. Under Gensler's leadership, the SEC has initiated multiple enforcement actions against members of the crypto industry, accusing them of violating federal securities laws, including actions taken solely for failing to register as broker-dealers, clearing agencies, or national securities exchanges under the Securities Exchange Act of 1934. However, the SEC has yet to propose rules specifically for crypto assets, instead suggesting that existing statutory and regulatory requirements may apply to crypto assets. Practitioners in the crypto industry have voiced their disagreement and reported that their attempts to engage with the SEC on crypto-related issues have not been successful. However, with a new SEC chairman soon to be appointed, this approach may change, and members of the crypto industry should begin preparing to engage with the SEC once the new leadership is confirmed. Under new leadership, the SEC could take various approaches, including: Halting enforcement actions solely targeting registration violations: The SEC has taken several enforcement actions against cryptocurrency companies solely for violating registration requirements under the Securities Act or the Exchange Act, without any allegations of fraud or other misconduct. The new SEC leadership may choose to suspend further enforcement actions targeting registration violations until a clear framework for regulating crypto assets and intermediaries in crypto asset transactions is established. Issuing updated guidance on when crypto assets are sold as securities: It has been over five years since SEC staff released the "Framework for 'Investment Contract' Analysis of Digital Assets," which describes when digital assets are offered and sold as "investment contracts" (and therefore securities). Since then, the crypto industry has undergone significant changes. For instance, many crypto projects have matured and become more decentralized, and proof-of-stake consensus has become widespread. However, the SEC has not issued additional guidance. The SEC could update the framework to account for changes in the industry over the past five years and explain why certain crypto assets (like Bitcoin and Ether) are not offered and sold as securities. New guidance could also address the issue of asset-backed stablecoins, which are now one of the most prominent uses of crypto assets. Proposing crypto-specific rules: The SEC might introduce tailored rules that consider the differences between crypto assets and traditional securities. Thus far, despite differing opinions and legal challenges from industry members, the SEC has fundamentally refused to acknowledge the distinctions between crypto and traditional securities in its rulemaking. Instead, the SEC broadly applies securities rules and indicates in proposed and adopted versions that these rules will also apply to "crypto asset securities." In some cases, these rules were finalized due to concerns from industry members about their application to crypto assets and whether the SEC was adhering to the Administrative Procedure Act. Exercising its exemption authority: The SEC could utilize the general exemptions granted by Congress under Section 28 of the Securities Act and Section 36 of the Exchange Act to provide tailored relief based on the requirements of these acts, which may pose challenges to crypto market participants due to the differences between crypto assets and traditional securities. The SEC could also issue additional no-action letters, declining to take enforcement action against companies engaging in certain crypto asset activities as a temporary measure until crypto-specific rules can be proposed or adopted. Updating the special purpose broker-dealer statement: The SEC could update its temporary no-action position from 2020 to allow "special purpose broker-dealers" to execute trading and custody functions for "digital asset securities," making it more applicable to today's crypto industry and extending the deadline to February 2026. Currently, there are only two registered special purpose broker-dealers, and due to the SEC's lack of guidance on key issues, the scope of activities they are allowed to conduct and the assets they are permitted to engage with remain unclear, such as when crypto assets are offered and sold as securities. An update might make that guidance more effective. Given that Republicans control both the Senate and the House of Representatives, Congress may also have the opportunity to pass cryptocurrency legislation. However, even so, the SEC still has the potential to play a role in cryptocurrency regulation. Recently, bipartisan support in the House for the "21st Century Financial Innovation and Technology Act" and the "Lummis-Gillibrand Responsible Financial Innovation Act" has opened space for the SEC and the Commodity Futures Trading Commission in the regulation of digital assets. Therefore, it is crucial for cryptocurrency market participants to consider discussing these relevant topics with the new SEC leadership, given that Trump's campaign has placed a focus on cryptocurrencies. The SEC may adopt a different approach to cryptocurrencies, and market participants should be prepared to engage with the new SEC leadership to ensure that the industry's perspectives are taken into account.

Gary Gensler may resign, and Trump's election as president could have an impact on the cryptocurrency industry.

According to BlockBeats, on November 14, SEC Chairman Gary Gensler is making a final push to allow the SEC to regulate the cryptocurrency market. In a speech at a legal conference held in New York on Thursday, Gary Gensler reiterated that the agency should focus on the "road rules" applicable to cryptocurrency sales and intermediaries such as brokers and trading platforms to support proper disclosures. Gensler stated, "The experiences from the Great Depression made decision-makers recognize the importance of disclosure provisions, and information about securities creates a public good." (Jinshi)

According to BlockBeats, on November 14, SEC Chairman Gary Gensler is making a final push for allowing the SEC to regulate the cryptocurrency market. In a speech at a legal conference held in New York on Thursday, Gary Gensler reiterated that the agency should focus on the "road rules" applicable to cryptocurrency sales and intermediaries (such as brokers and trading platforms) to support appropriate disclosures. Gensler stated, "The experiences from the Great Depression made decision-makers recognize the importance of disclosure terms, and information about securities creates a public good." (Jinshi)

The SEC Chairman Gary Gensler makes a final push for regulatory rules in the cryptocurrency industry.

SEC Chairman Gensler's Final Push for Crypto Industry Regulatory Rules

BlockBeats News, November 14th, SEC Chairman Gary Gensler is making his final push to persuade the SEC to regulate the cryptocurrency market. During a legal conference speech held in New York on Thursday, Gary Gensler reiterated that the agency should focus on developing "rules of the road" applicable to cryptocurrency sales and intermediaries such as brokers and trading platforms to support proper disclosure. Gensler stated that "the experience of the Great Depression made policymakers realize the importance of disclosure provisions, and information about securities created a public good." (FX678)

Gary Gensler, the Chairman of the U.S. SEC, is making a final push for regulatory rules in the cryptocurrency industry.

SEC Chairman Gary Gensler's Final Push for Regulatory Rules on the U.S. Crypto Industry

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According to a report from Jin10 Data on November 14, institutions have stated that prior to the arrival of the Trump administration and its enthusiasm for digital assets, SEC Chairman Gary Gensler was making a final push to allow the agency to regulate the cryptocurrency market. In a speech prepared for a legal conference in New York on Thursday, Gensler reiterated that the agency should focus on the "road rules" applicable to cryptocurrency sales and intermediaries such as brokers and exchanges to support appropriate disclosures. Gensler noted that the experiences of the Great Depression made decision-makers recognize the importance of "disclosure terms, as information about securities creates a public good."
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SEC Chairman Gary Gensler Makes Final Push for Regulation of the U.S. Crypto Industry

Gensler's Final Lobbying on U.S. Cryptocurrency Industry Regulatory Rules

PANews, November 14 news, according to Jintou reports, institutions have stated that before the Trump administration and its enthusiasm for digital assets, SEC Chairman Gary Gensler was making a final push to allow the agency to regulate the cryptocurrency market. In a speech prepared for a legal conference held in New York on Thursday, Gensler reiterated that the agency should focus on the "road rules" applicable to cryptocurrency sales and intermediaries (such as brokers and exchanges) to support proper disclosure. Gensler stated that the experiences from the Great Depression made decision-makers recognize the "importance of disclosure provisions, as information about securities creates a public good."

Gensler Makes Final Push for US Crypto Industry Regulatory Rules

SEC Chairman Gary Gensler once again urges cryptocurrency exchanges to comply with regulations.

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According to a report by The Block on November 14, Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), spoke at the 56th Annual Securities Regulation Conference, reiterating his call for cryptocurrency exchanges to register and provide proper disclosures. He pointed out that apart from Bitcoin, Ethereum, and stablecoins, other digital assets have a market capitalization of approximately 600 billion USD, accounting for less than 20% of the overall cryptocurrency market and less than 0.25% of the global capital markets.
Following Donald Trump's election as president, Gensler's term as SEC Chairman may soon come to an end. Trump previously stated that he would fire Gensler, and sources indicate that Gensler may choose to resign voluntarily like previous chairpersons, but he could still opt to remain as an SEC Commissioner. In his speech, Gensler expressed, "I am proud to work alongside my SEC colleagues to protect American families' interests in the financial sector."
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SEC Chairman Gary Gensler Urges Cryptocurrency Exchanges to Comply with Regulations Again

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), reiterated his call for cryptocurrency exchanges to comply with regulations and urged projects that sell securities to make appropriate disclosures during the annual securities regulation meeting on Thursday. Gensler stated that among the approximately 10,000 digital assets currently in circulation, most, except for Bitcoin, Ethereum, and stablecoins, could fall under the category of securities. The total value of these potential securities in the crypto market is around $600 billion, accounting for less than 0.25% of the global capital markets. Gensler's remarks come just a week after Donald Trump was elected president, who previously stated he would fire Gensler upon taking office. Gensler may choose to resign after his term as chairman ends, or he might opt to remain as an SEC commissioner. He also expressed that serving American capital markets is a tremendous honor and he takes pride in his efforts alongside his SEC colleagues to protect American investors.

PANews, November 14 — According to The Block, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), reiterated on Thursday during the annual securities regulation conference the importance of cryptocurrency exchanges adhering to regulations and urged projects selling securities to make appropriate disclosures. Gensler stated that among the approximately 10 thousand circulating digital assets, most of which, apart from Bitcoin, Ethereum, and stablecoins, could fall under the category of securities.

He pointed out that the total value of these potentially securities-like assets in the crypto market is around 600 billion USD, accounting for less than 0.25% of the global capital market. Gensler's remarks come one week after Donald Trump's election as president, during which Trump indicated he would fire Gensler upon taking office. Gensler may either resign after his term as chairman ends or choose to remain as an SEC commissioner.

Gensler also expressed that serving the U.S. capital markets is a tremendous honor, and he is proud of his efforts alongside his SEC colleagues to protect American investors.

Gary Gensler once again urges cryptocurrency exchanges to comply with regulations.

Gary Gensler is making a final pitch for how the SEC should be allowed to regulate cryptocurrency markets ahead of the incoming Trump administration and its enthusiasm for digital assets.

TRUMP

MAGA

Gary Gensler is making a final pitch for how the SEC should be allowed to regulate cryptocurrency markets ahead of the incoming Trump administration and its enthusiasm for digital assets. In a speech prepared for a Thursday legal conference in New York, the Securities and Exchange Commission chair repeated that the agency should be focused on “rules of the road” that apply to crypto sales and intermediaries, such as brokers and exchanges, to promote proper disclosure. 

Gensler Makes Final Pitch on Crypto Rules as Trump Vows New Tack

Gary Gensler Reaffirms Crypto Regulatory Stance Amid Resignation Calls

Ahead of Donald Trump's team taking office, US SEC Chair Gary Gensler has reiterated his commitment to regulating the cryptocurrency market, stating that stricter oversight is necessary to protect investors. Speaking at the Practicing Law Institute’s Annual Institute on Securities Regulation in New York, Gensler highlighted the importance of clear "rules of the road" for the industry. 

Gensler has also pointed out that many of these assets are securities and should, as such, be regulated by existing securities laws, which include the disclosure and registration rules.
US SEC Chair Gary Gensler's Stance on Crypto Regulation
US SEC Chair Gary Gensler has argued that the cryptocurrency market needs regulatory safeguards similar to those in traditional financial markets. He emphasized that while Bitcoin is the only asset that does not fall under the category of securities, other forms of digital assets should be considered securities based on the current legal framework. 

Gensler said, “Court after court has agreed with our actions to protect investors,” pointing out that the SEC is empowered to implement these laws in the crypto sector.

Gensler pointed out that most other digital assets outside of Bitcoin have yet to demonstrate clear utility and could potentially threaten investors. His comments are made just as a last attempt to build regulatory frameworks before the new Trump administration takes office, with candidates like Robinhood CLO Dan Gallagher emerging as the leading candidates to replace Gensler.
Gary Gensler Highlights SEC Accomplishments
In his speech, US SEC Chair Gary Gensler outlined some of the regulatory measures he has implemented since taking office. He mentioned new requirements for enhancing the quality of information companies provide, such as those concerning executive compensation and data breaches. 

Gensler also discussed improvements in market infrastructure, including the accelerated settlement period for stocks and stricter rules for Treasury clearing.

Besides his achievements, Gensler also mentioned that he was proud of his work at the SEC, calling it “a remarkable agency.” He thanked his colleagues and noted that the US SEC will still play a significant part in ensuring that there are proper protections for investors in the United States. Gary Gensler’s comments amid speculations that he could resign this week.
Resignation Calls and Future of the SEC
Since Donald Trump's re-election, Gary Gensler has come under pressure to resign, including from ex-SEC official John Reed Stark. Stark, an outspoken opponent of Gensler’s regulation of the cryptocurrency industry, said that Gensler should leave the position to make it easier for the new SEC chairman to come in. 

Gary Gensler has, however, not given any signs of quitting his position despite the calls for his resignation. Some have opined that he may resign in the event that Trump appoints a new SEC chairperson with a friendly disposition towards cryptocurrencies. Donald Trump has expressed his desire to create a conducive environment for cryptocurrency, which will lead to changes in the agency’s policies and the firing of Gensler.

US SEC Chair Gary Gensler Reaffirms Commitment to Crypto Regulation Amid Resignation Calls

SEC Chairman Gary Gensler calls for registration on cryptocurrency exchanges and suggests that most cryptocurrencies are securities. He also hints at the possibility of resigning from his position at the SEC.

SEC Chairman Gary Gensler, whom Donald Trump promised to fire the day he took office, has spoken. According to The Block, Gensler argued in a prepared speech at the Practicing Law Institute’s 56th Annual Securities Regulation Conference today that the majority of cryptocurrencies are securities. In line with his previous statements, Gensler called for registration on cryptocurrency exchanges. Gensler also noted that his time managing the SEC may be coming to an end, and said those selling securities should disclose that. “I believe that most of the 10,000 digital assets currently in circulation are securities. “And excluding Bitcoin, Ethereum, and stablecoins, the rest of this market is around $600 billion. That’s less than 20 percent of the entire crypto market and less than a quarter of one percent of the global equity markets.” "It Was an Honor to Work at the SEC!" While it is eagerly awaited whether Gensler will resign following Trump&#039;s statements, sources say it is likely that Gensler will resign as other presidents have done in the past. While Gensler&#039;s resignation and remaining as a commissioner at the SEC are among the possible scenarios, he also made a statement today about the work at the SEC. “It has been a great honor to serve alongside them, doing the people’s work and ensuring that our capital markets continue to be the best in the world. I am proud to serve alongside my colleagues at the SEC who work every day to protect American families across their finances." *This is not investment advice.

SEC Chairman Gensler Urges Registration on Cryptocurrency Exchanges and Suggests Most Cryptocurrencies are Securities

U.S. Securities and Exchange Commission Chair Gary Gensler again called for crypto exchanges to register and urged those selling securities to make proper disclosures as his time leading the agency could be coming to an end.In prepared remarks on Thursday at the Practicing Law Institute's 56th Annual Institute on Securities Regulation, Gensler said many of the 10,000 digital assets in circulation are securities."Putting this in context, aside from bitcoin, ether, and stablecoins, the rest of this market approximates $600 billion," Gensler said. "That’s less than 20 percent of the whole crypto market and less than one quarter of one percent of the worldwide capital markets."Gensler's comments come after President-elect Donald Trump won the U.S. presidential election last week. Trump has said he would fire Gensler. Sources have said it is likely Gensler would step down as other chairs have done in the past. Gensler could decided to stay on at the SEC as a commissioner.Gensler also made a few comments on Thursday about working at the SEC."It’s been a great honor to serve with them, doing the people’s work, and ensuring that our capital markets remain the best in the world," he said."I’ve been proud to serve with my colleagues at the SEC who, day in and day out, work to protect American families on the highways of finance," he added

SEC Chair Gensler Urges Crypto to Comply with Rules as Time Leading Agency Nears Possible End

Gary Gensler emphasizes SEC's stance on cryptocurrency and ETF approval

<img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/11/15/uszptt2goovo.png'/>Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs.

SEC Chair Gary Gensler reaffirms commitment to crypto enforcement and ETF approval

美国证券交易委员会主席加里·根斯勒呼吁加密货币交易所遵守规则，并要求对证券进行适当披露。根斯勒在该机构的领导任期可能即将结束。

SEC主席Gensler呼吁加密货币遵守规则，因为该机构可能面临结束的时刻。

美國證券交易委員會主席加里·根斯勒呼籲加密貨幣交易所遵守規則，並要求對證券進行適當披露。根斯勒在該機構的領導任期可能即將結束。