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Grewal: Remarks at SEC Speaks 2024
Good morning everyone, and welcome! Whether you’re here in person or participating virtually from around the country, or even overseas, I thank you for joining us. As is customary, my remarks this morning are in my official capacity as Director of the Securities and Exchange Commission’s Division of Enforcement, and do not necessarily reflect the views of the Commission, the Commissioners, or other members of the staff. I want to start by thanking PLI for organizing this event and making it available for free to all this year. It is important for us to speak directly to not just the securities bar, but also to ... (full story)
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SEC's Gurbir Grewal criticizes crypto industry's noncompliance, 'creative attempts' to avoid rules
The Securities and Exchange Commission's top enforcer, Gurbir Grewal, condemned the crypto industry over its "significant noncompliance" and addressed criticism lodged at the agency over the years. Grewal, the director of the agency's Division of Enforcement, laid into the crypto industry on Wednesday morning for about 15 minutes during a two-day "SEC Speaks" event sponsored by the Practicing Law Institute. "Over this past decade, we have confronted significant noncompliance and many, many creative attempts by market participants to avoid our jurisdiction, with some claiming that we're making it up as we go, that we ... (full story)