Ofițerul Juridic Coinbase cheamă SEC, spune că autoritățile de reglementare sfidează întrebările de la Curtea Federală – The Daily Hodl

The chief legal officer of Coinbase says the U.S. Securities and Exchange Commission (SEC) is defying questions from a federal court related to the crypto exchange’s request for regulatory clarity.

In a lengthy thread, Paul Grewal spune that the SEC is answering the Third Circuit’s questions in an evasive manner, which the executive says is “unusual.”

According to Grewal, because the regulator failed to formulate a proper response, the court should grant mandamus, or an order for an entity to do something they are legally obligated to under the law related to public duty.

“We couldn’t wait until our deadline next week to address the SEC’s response to the June 6 order from the Third Circuit. It is unusual for the government to defy a direct question from a federal court. But the SEC’s evasive response goes further, as we set out today.

The Court should grant mandamus now because the Commission has decided not to grant Coinbase’s rulemaking petition and is actively harming the industry.”

In April, Coinbase filed a motion to compel the SEC to respond to a petition from the firm requesting regulatory guidance for the nascent crypto industry.

Earlier this month, the U.S. Court of Appeals for the Third Circuit eliberat an order asking the SEC to reply to Coinbase’s motion within seven days.

The regulator filed a reply a few days later saying there was “no merit” to Coinbase’s motion.

According to Grewal, the fact that the SEC won’t say how much time it needs to respond proves their delays are “futile.”

“The Commission’s refusal to say how much additional time it needs to act on Coinbase’s petition confirms that further delay is futile.

At a minimum, the Court should order the Commission to report on its action – not an ‘anticipated’ staff ‘recommendation’ – in no more than 60 days and decide the mandamus petition promptly if the Commission still has not acted at that time.”

Nu ratați o bătaie - Mă abonez pentru a primi alerte prin e-mail direct în căsuța dvs. de e-mail

Verifica Preț de acțiune

Urmareste-ne pe Twitter, Facebook și Telegramă

Surf Mixul zilnic Hodl

Verificați cele mai recente titluri de știri
 

Disclaimer: Opiniile exprimate la The Daily Hodl nu sunt sfaturi pentru investiții. Investitorii ar trebui să-și îndeplinească diligențele înainte de a efectua investiții cu risc ridicat în Bitcoin, criptomonede sau active digitale. Vă rugăm să vă informați că transferurile și tranzacțiile dvs. sunt pe propriul dvs. risc, iar orice pierdere pe care o puteți suferi este responsabilitatea dumneavoastră. Daily Hodl nu recomandă cumpărarea sau vânzarea de criptomonede sau active digitale și nici The Daily Hodl nu este un consilier în investiții. Vă rugăm să rețineți că The Daily Hodl participă la marketingul afiliat.

Imagine prezentată: Shutterstock / klyaksun

• Distribuție de conținut bazat pe SEO și PR. Amplifică-te astăzi.
• EVM Finance. Interfață unificată pentru finanțare descentralizată. Accesați Aici.
• Grupul Quantum Media. IR/PR amplificat. Accesați Aici.
• PlatoAiStream. Web3 Data Intelligence. Cunoștințe amplificate. Accesați Aici.
• Sursa: https://dailyhodl.com/2023/06/19/coinbase-chief-legal-officer-calls-out-sec-says-regulator-defying-questions-from-federal-court/