June 29 (Cointime) - The chairs of three committees in the United States House of Representatives have written to the SEC demanding a more satisfactory response to their November 1 letter regarding the SEC chairman's and the agency's compliance with recordkeeping requirements.
The response they received did not address direct requests made in their letter, specifically regarding certification that the SEC follows federal recordkeeping and transparency rules and that Gensler and his subordinates have not used private email accounts to conduct official business.
The congressmen, along with Representative Tom Emmer, were responding to a Wall Street Journal report criticizing the SEC and other agencies for shoddy recordkeeping. The Blockchain Association has released a paper arguing that Gensler should recuse himself from digital asset enforcement decisions, citing numerous statements made by the SEC chairman.
All Comments