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Ripple General Counsel Reminds SEC Officials of Impartiality Obligations Under the Law

June 20 (Cointime) - Ripple's General Counsel, Stuart Alderoty, reminded SEC officials of their obligation to act impartially under the law, citing 5 CFR 2635.101(b)(14). This section requires federal employees, including SEC staff, to avoid any actions that create the appearance of violating the law or ethical standards.

The ongoing Ripple lawsuit has revealed many hidden facts about the SEC, including accusations of hypocrisy and partiality in the Hinman saga. The recently released Hinman documents suggest that the former SEC director may have been paid to give a speech declaring Ethereum and Bitcoin as non-securities. Ripple has called for an investigation into Hinman's remarks.

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