🚨NEW: SEC Commissioner @MarkUyedaUS says the agency dropped several crypto cases inherited from the prior administration because continuing to defend legal interpretations it was preparing to reverse would have “hurt the SEC’s credibility.”
“I’m not about to have our litigators…stand up in court” as the commission prepares to make a “180-degree change” in its interpretation, he said.
Uyeda also called the SEC’s Innovation Exemption for tokenized securities a “pilot” that could create “a lot of potential opportunities” for new entrants and traditional financial firms.
“The amount of money the crypto industry spent on lobbying firms for such a staggering defeat would have been better spent curing cancer,” one lobbyist told @semafor after the vote.
https://t.co/WIKJzzzi2Z
News in PBN Texts: Chris Lucas is the new staff director of the Senate Banking Committee, and Brennen Britton will join the panel from the NRSC as deputy staff director
We believe in digital-first policies, particularly the need for the SEC to transition the default method for sending regulatory documents to digital. Thrilled to see legislation that acknowledges there is a more secure & efficient way to communicate. https://t.co/LGxmuZ5zlN
Interested in learning about public policy and the markets? Register here for an in-depth discussion Monday 2PM ET on the evolving proposals to further reform our nation’s retirement laws. https://t.co/UWNalU1PLy
.@Fidelity and Rhode Island Governor McKee announced 500 new jobs in RI. Many of these jobs do not require financial licenses and the company is seeking candidates with strong customer service skills. #FidelityAssociate#FidelityRI
https://t.co/FZbLTMlvjP @GovDanMcKee
In a new @SIFMA#DEI podcast, Wendy John, our Head of Global Diversity & Inclusion, discusses how Fidelity is fostering an inclusive community internally and is investing in underserved communities through #finlit efforts. Check it out https://t.co/XAHDTobczw #FidelityAssociate
Thank you @RepChrisPappas for dropping by our Merrimack vaccination clinic this afternoon! We are proud to partner with @NashuaPHealth and our local frontline healthcare workers and first responders to put shots in arms!
Congratulations to our Chairman and CEO, Abby Johnson, and to our Co-Head of Equity and Asset Management Lead on Sustainable Investing, Pam Holding who were named as two of the 100 Most Influential Women in U.S. Finance by @Barronsonline https://t.co/49GpV9ySPZ #FidelityAssociate
Pam Everhart, our Head of Regional Public Affairs and Community Relations, was recently honored with the @bostonchamber 2021 Pinnacle Award for Lifetime Achievement. Hear more about what her and her team do to support local communities https://t.co/2o0RmLC5Ic #FidelityAssociate
Today is not a day off. But a day on. To actively reflect on the importance of unity and diversity, recognizing those who work to make this a more tolerant, inclusive nation. And to continue to take part in the change still needed to strengthen our communities. #FidelityAssociate
Our Chairman & CEO Abby Johnson discusses her career, pivoting strategy during a global pandemic, our hiring and more. Learn more in this @dallasnews article #FidelityAssociate#FidelityTX
https://t.co/spNJ4HGbn3
With Election Day fast approaching, we encourage everyone to have a plan to #vote safely. Hear from a few of our associates on their voting traditions and how they participate in civic engagement. #FidelityVotes