🚨 BREAKING: SEC CHANGES ITS QUORUM RULE! 🇺🇸
$BTC
The US Securities and Exchange Commission (SEC) has updated its rules on how many commissioners must be available to handle certain matters.
📌 What changed? Since October 2, if all other sitting commissioners are recused or unable to participate in a particular matter, the only available commissioner can count as a quorum for that matter.
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🔹 The change applies to SEC matters generally, including crypto-related issues. 🔹 It does NOT mean one commissioner can independently make every decision. 🔹 The goal is to keep the SEC functioning when recusals limit the number of available commissioners.
👀 Why it matters for crypto: The rule could help the SEC continue handling crypto-related matters even when fewer commissioners are available.
#SEC #CryptoNews #Regulation #Bitcoin #CryptoUpdates
$BTC
The US Securities and Exchange Commission (SEC) has updated its rules on how many commissioners must be available to handle certain matters.
📌 What changed? Since October 2, if all other sitting commissioners are recused or unable to participate in a particular matter, the only available commissioner can count as a quorum for that matter.
$ETH
🔹 The change applies to SEC matters generally, including crypto-related issues. 🔹 It does NOT mean one commissioner can independently make every decision. 🔹 The goal is to keep the SEC functioning when recusals limit the number of available commissioners.
👀 Why it matters for crypto: The rule could help the SEC continue handling crypto-related matters even when fewer commissioners are available.
#SEC #CryptoNews #Regulation #Bitcoin #CryptoUpdates