SEC steps up crypto evaluation methods, to focus on trading, supervision of crypto exchange staff, & intermediary crypto transfer agents

posted 6 months ago
The SEC's Office of Compliance Inspections and Examinations published its list of 2020 examination priorities, highlighting digital assets and service providers as areas of concern, clarifying how the office's approach to crypto has evolved since 2018.

This year the SEC wants to address investment suitability, trading practices, fund safety, pricing and the effectiveness of compliance programs. The document also mentions staffers of crypto exchanges and funds and the "supervision" of their "outside business activities." The SEC will also examine transfer agents – entities which act as intermediaries in securities transactions – that are “developing blockchain technology” or are providing services to digital asset issuers.
Tags: blockchain, bitcoin, news