It’s Déjà vu all over again at the SEC.
At the 2021 SEC Enforcement Forum, Chair Gary Gensler of the U.S. Securities and Exchange Commission (SEC), seized the opportunity to admonish the rising crop of self-anointed fintech lawyers who too often advise their clients on how to circumvent U.S. securities laws — as opposed to how to comply with them.
Chair Gensler warned the attendees, comprised of a who’s who of the SEC enforcement defense bar, to stop trying to help their clients “cover up” securities regulation failures and compliance deficiencies. In a fiery and provocative speech, Chair Gensler harkened back almost 90 years, to 1934, when the SEC was first created….
Source: Where Are the (Crypto) Lawyers? | LinkedIn
