Kraken's chief legal officer, Marco Santori, believes that the major questions doctrine, a point of U.S. administrative law, could undermine the U.S. Securities and Exchange Commission's (SEC) authority. This doctrine suggests that federal agencies should not engage on points of major economic significance before Congress. Santori thinks this doctrine is especially relevant as lawmakers begin work on crypto oversight. He was heartened that most lawmakers from both parties seemed to think legislation was in order for crypto oversight, though he acknowledged that the uncertainty of the Senate's view leaves some question about its potential.