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SEC Proposes to Redefine "Exchange" - New Definition Could Subject Blockchain Crypto Platforms to SEC Regulation | Womble Bond Dickinson

The Securities and Exchange Commission (“SEC” or “Commission”) has released a proposal to amend Exchange Act Rule 3b-16, Regulation ATS, and Regulation SCI. Criticized by SEC. ....

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SEC Proposes to Redefine Exchange

The Securities and Exchange Commission has released a proposal to amend Exchange Act Rule 3b-16, Regulation ATS, and Regulation SCI.1 Criticized by SEC Commissioner Hester Peirce as too wide-ranging and unwieldy with too short of a comment period. ....

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