Reported about 5 hours ago
Mark Uyeda, the interim chair of the U.S. Securities and Exchange Commission, anticipates a slowdown in regulatory rulemaking after a period of intensive reforms under former chair Gary Gensler. Highlighting his preference for a methodical approach, Uyeda acknowledged the SEC's shift in focus regarding cryptocurrency regulations and paused enforcement actions against several crypto firms. He also indicated a reconsideration of previous climate-risk disclosure rules and has made adjustments to support corporations and financial institutions in meeting new compliance standards.
Source: YAHOO