Akin Attorneys Author Article on SEC and CFTC Collaboration in Digital Asset Oversight
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The Review of Securities & Commodities Regulation has published an article “A ‘New Era of Collaboration’ Over Digital Assets Between the SEC and CFTC” written by Akin investment funds litigation partner Jacqueline Yecies and white collar defense & government investigations senior counsel Jack Murphy. The article examines the SEC and the CFTC’s evolving relationship concerning the oversight of digital assets and how it's fostering a new, transparent regulatory framework.
The authors share that, “the SEC’s retreat from its ‘enforcement-first’ approach” allows for "an environment in which digital asset companies can innovate in the U.S. without fear of reprisal,” while "the CFTC has stepped forward with a series of proposals to ease restrictions on digital asset market participants and expand access to trading” resulting in "clearer guideposts, new opportunities, and a regulatory environment that encourages innovation.”
To read more of their insights: https://www.akingump.com/a/web/9wYnmij4Y4HhawxWZcS4VZ/yecies_murphy_rscr_final.pdf
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