November 12, 2024

SEC chair Gary Gensler discusses cryptocurrency regulation and the courts in conversation with Robert Jackson

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Cryptocurrency, shareholder democracy, and the role of courts in regulating markets were just a few of the topics covered when Gary Gensler, chairman of the Securities and Exchange Commission (SEC), sat down for a public conversation with former SEC commissioner Robert Jackson Jr., Nathalie P. Urry Professor of Law. The October 9 event was hosted by the Institute for Corporate Governance and Finance.

Watch the full discussion between Gary Gensler and Robert Jackson on video:

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Cryptocurrency regulation sparked the most discussion during the hour-long event. Jackson asked Gensler to respond to criticisms that the SEC has pursued regulation of cryptocurrency through enforcement of existing laws rather than developing a new regulatory framework for the digital currency. “There’s nothing incompatible between securities laws and how you record the transfer of value on the internet,” Gensler replied. “What we’re trying to do is enforce the laws at hand,” he added. “And I would note that this is a field with a lot of fraudsters, a lot of grifters, [and] a lot of scams.”

Posted November 12, 2024

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