Exchange

Exchange

SEC Proposes to Redefine “Exchange”—New Definition Could Subject Blockchain Crypto Platforms to SEC Regulation

The Securities and Exchange Commission (“SEC” or “Commission”) has released a proposal to amend Exchange Act Rule 3b-16, Regulation ATS, and Regulation SCI.1  Criticized by SEC Commissioner Hester Peirce as “too wide-ranging” and “unwieldy” with too short of a comment period,2 the proposed rule, which ...Read More