Key Takeaways
- Mark Uyeda is a leading candidate to become SEC Chair under Trump’s administration.
- Uyeda has criticized the SEC’s current crypto regulatory approach and advocates for clearer guidelines.
Share this article
With Donald Trump’s victory in the 2024 presidential election, speculation is mounting about potential changes at the SEC.
Among the top contenders to replace current SEC Chair Gary Gensler, Commissioner Mark Uyeda has emerged as a strong candidate, potentially signaling a significant shift in the agency’s approach to digital assets regulation.
Uyeda’s background and stance on crypto
Mark Uyeda, who was sworn in as an SEC Commissioner on June 30, 2022, has gained attention for his critical views on the SEC’s current approach to crypto regulation.
In a candid interview on Fox Business’s “Mornings with Maria” in October 2024, Uyeda described the agency’s policies as “really a disaster for the whole industry”. He specifically criticized the SEC’s reliance on “policy through enforcement” without providing clear guidance to the industry.
Uyeda’s experience at the SEC spans over 15 years, during which he has served in various roles, including as Senior Advisor to Chairman Jay Clayton and in the Division of Investment Management. This extensive background gives him a comprehensive understanding of the agency’s operations and regulatory landscape.
Potential impact on crypto regulation
If appointed as SEC Chair, Uyeda’s leadership could bring about…
Click Here to Read the Full Original Article at Education Archives – Crypto Briefing…
