House Republicans urge SEC to rescind ‘disastrous’ SAB 121

House Republicans urge SEC to rescind ‘disastrous’ SAB 121
фото показано с : cointelegraph.com

2024-9-24 02:19

Republicans in the US House of Representatives and Senate claim the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.

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house sab 121 republicans sec issuing rulemaking

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Фото:

Emmer slams Gensler for ‘inconsistency, incompetence’ over SAB 121

House Republicans are gearing up to challenge the SEC’s controversial rule regarding digital asset custody, labeling it as an overreach of the agency’s authority. During a press conference on May 7, Representative Tom Emmer, a prominent Republican lawmaker, criticized SEC Chairman Gary Gensler’s tenure, calling it marked by “regulatory hypocrisy, inconsistency, and incompetence.

2024-5-8 02:04