#SECCryptoRoundtable
The U.S. Securities and Exchange Commission (SEC) is an agency of the federal government of the United States. It is the official body responsible for enforcing federal securities laws, proposing securities legislation, regulating the securities industry, and overseeing securities exchanges between countries. Other activities include regulating electronic securities in the United States.
In addition to the Securities Exchange Act of 1934, which was issued by the commission, the agency also enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002, and other laws. The Securities and Exchange Commission was established under Section 4 of the Securities Exchange Act of 1933 (which is now codified in Title 15 of the United States Code and is commonly referred to as the Exchange Act or the 1934 Act).
The U.S. Securities and Exchange Commission (SEC) officially announced the start of the process to establish regulatory rules for cryptocurrencies, in a move signaling a shift toward a dedicated legal framework for digital assets. The first public discussion sessions revealed differing perspectives and ongoing difficulties in classification.