The crippto industry does not experience regulatory capture – lawyer

BRANDON FERRICK, General Representative in Lauro Laboratory, said the openness of securities and exchange (sec) in public entry on crypto policy and their round table, positive signs that the crypto industry currently does not experience regulatory ignition.

In an interview with Conintlegraph, Ferick identified signs of regulatory capture, including the private sector that turn into a private fashion door, the same list of participants in regulatory events and special treatment given on certain crypto projects. However, Ferick added:

“The reason I’m not worried today is a lot of what you see from the regulatory party, such as, for example, fully open, publicly and there are opportunities to talk to the regulators about change or thinking about regulatory structures.”

“(SEC) has a public portal where you can only submit a written comment to your thoughts for the Cripto regulatory environment, and you can schedule meetings with them,” a lawyer continued.

As the crypto industry becomes integrated with the traditional financial system and engages state regulators, some analysts and executives are worried That the industry experiences regulatory capture that will skewers incentives and politicize the growing crypto sector.

Related: SEK staff provides guidance on how the laws on securities can be applied to a cripto

SEC hosts several round tables on crypto policy

SEC hosted several crypton roundtables and panels, with a presentation in the coming months – the sharp contrast of the Agency The Access Regulation carried out Under the former SEC Gare President Grant Garer.

21. Marta, the regulatory agency hosted its first crypto round table, which encouraged CRIPTO industrial managers, SEC officials, and even opponents of the crypto industry.

Former Sector Official Official John Reed Stark was very critical to the industry and opposed to a comprehensive regulatory reformBy claiming that digital funds must comply with existing laws on securities.

SEC is 11 April round table focused on trade rules And he included a different set of panels, including representatives from Unisvap and waite.

The next SEC panel will appear 25 April and focus on Establishment of guidelines for CRIPTO CARDAANS and other companies held by crypto in the name of customers.

Journal: SEC is U-inclusion crypto leaves key issues unanswered