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The weekly news source for investment management legal and compliance professionals

News March 4, 2019 Issue

Peirce Calls for Careful Thinking in Regulating Cryptocurrencies

SEC Commissioner Hester Peirce, in a recent speech on the dynamic between entrepreneurship, innovation and regulation, called on regulators not to assume that cryptocurrencies need to be regulated like other securities. Care should be taken to ensure that regulations for this relatively new product, while needed, do not inadvertently get in the way of a new method of raising capital.

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