• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Securities-Docket-Leaderboard_9Sec
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2018 / May / 16 / Consensus 2018: Regulators Ready to Promote but Monitor Blockchain | ThirtyK

Consensus 2018: Regulators Ready to Promote but Monitor Blockchain | ThirtyK

By Securities Docket on May 16, 2018, 11:57 am

Robert A. Cohen, chief of the SEC’s newly created Cyber Unit, said his agency’s role is to facilitate and regulate new ways of raising capital. “We don’t regulate the technology, we regulate the financial industry,” he said. “Whenever a new technology or way to raise capital [emerges], a fundamental part of the mission is to facilitate that.”

At the same time, the creation of the SEC’s Cyber Unit reflects the idea that the sector “is a high priority for the commission” at a time of shrinking budgets, Cohen said. That’s in large part due to what he called “a significant risk of fraud… as in any area with new and exciting technology and the opportunity to invest.”

via Consensus 2018: Regulators Ready to Promote but Monitor Blockchain | ThirtyK.

Blog Widget by LinkWithin

Posted in SEC, Top | Tagged Blockchain

« Previous Next »

‘Enforcement 40’ for 2020

Securities-Docket_Medium-Rectangle_CaseStudyArrow

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.