Speak to Hester Peirce for too long and you’ll leave with the distinct impression that she’s fed up with the Securities and Exchange Commission (SEC). The U.S.’ securities, and sometimes crypto, regulator “has not done a good job,” the commissioner told CoinDesk. “We just ...Read More

The crumbling of crypto exchange FTX and its subsequent bankruptcy filing has brought much negative attention for the crypto industry. However, that may be just the wake-up call U.S. lawmakers need, said Hester M. Peirce, a commissioner at the Securities and Exchange Commission (SEC). Peirce, who joined CoinDesk TV ...Read More

On Sept. 27 the Securities and Exchange Commission and the Commodity Futures Trading Commission collectively announced a combined $1.8 billion in fines against more than two dozen Wall Street firms for failing to maintain and preserve electronic communications. The charges stem from record-keeping failures and use of unapproved communication methods, ...Read More

Eleven of the world’s largest banks and brokerages will collectively pay $1.8 billion in fines to resolve regulatory investigations over their employees’ use of messaging applications that broke record-keeping rules, regulators said Tuesday. The firms include brokerage units of Bank of America Corp., Barclays PLC,  Citigroup, Credit ...Read More