The US House Committee on Financial Services announced a meeting with the Chairman of the Commission onSecurities and Exchange Commission (SEC) Jay Clayton and four other members of the regulator. During the meeting, among other issues, cryptocurrencies will be discussed.
September 19, the Financial Services Committee saidthat he intends to hold a hearing entitled “Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat”, scheduled for September 24.
The hearing will be attended by Chairman of the Securities and Exchange Commission (SEC) Jay Clayton, Commissioner Hester Pierce (AKA Crypto Mom) and three other Commissioners.
Financial Services Committee includedcryptocurrencies are a topic for discussion, noting that federal securities laws apply to securities, including stocks, bonds, and investment contracts, regardless of whether they are digital.
The hearing will concern exchange-traded funds (ETFs), and, of course, the launch of Facebook stablecoin Libra.
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