The Securities and Exchange Commission (SEC) needs people with the expertise to oversee so-called crypto assets like bitcoin. The Government Accountability Office (GAO) found that the SEC needs to update its workforce planning strategy in order to ensure it has the crypto experts it needs. For more, the Federal Drive with Tom Temin spoke with GAO’s Director of Financial Markets and Community Investment, Michael Clements.
Tom Temin And have they been doing that? To date, I guess they have. They have some crypto expertise on board. Did you find.
Michael Clements That is correct? We found that there’s approximately 120 staff out of the 4900 staff at SEC who are crypto experts or who spend a predominant amount of their time working on those issues.
‘Enforcement 40’ for 2020
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