Former SEC Chairman Alleges Misconduct By The Securities Regulator
Former SEC Chairman Jay Clayton recently highlighted the misconduct by the securities regulator. Clayton believes that federal agencies should only initiate cases that will win based on merit. Crypto lawyer John Deaton pointed out that the judge overseeing SEC v Ripple expressed similar concerns. Jay Clayton, former Chairman of the U.S. Securities and Exchange Commission (SEC), recently accused the securities regulator of engaging in questionable conduct that according to him goes against the ethos of federal agencies. Clayton’s comments came during an interview with CNBC’S Squawk Box. A must watch. Former SEC Chairman Jay Clayton describes the new and deeply un-American ethos of the @SECGov under @GaryGensler — if we're not losing cases, we aren't suing enough businesses. This is a total abuse of power. pic.twitter.com/G0HxL4s8Y1 — Cameron Winklevoss (@cameron) June 28, 2023 Gemini co-founder Cameron Winklevoss took to Twitte...