The U.S. lawmakers said the SEC was yet to provide adequate responses for its inquiries into its activities. The Securities and Exchange Commission (SEC) chair, Gary Gensler, was given an ultimatum on May 19 by the U.S. House Committee on Financial Services to respond to its inquiries. The lawmakers requested that the SEC provide the…
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CEO Brad Garlinghouse commented on his firm’s attempts to find favorable regulation. CNBC reported on May 8 that Ripple CEO Brad Garlinghouse spoke about his company’s regulatory challenges at the Dubai Fintech Summit. The scope of Ripple’s ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC) was described by Garlinghouse there. He said:…
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