U.S. Securities and Exchange Commission Chair Gary Gensler (left) and SEC Commissioner Mark Uyeda. Photos: Andrew Harrer/Ting Shen/BloombergSEC Commissioner Uyeda Predicts Eased Crypto Enforcement Under Next Chair
“The SEC can bring at least a national approach as to what we think the law is with respect to cryptocurrencies,” said Mark Uyeda, a Republican.
December 05, 2024 at 06:38 PM
3 minute read
U.S. Securities and Exchange Commissioner Mark Uyeda voiced confidence Thursday that the SEC under President Donald Trump would ease enforcement actions on digital assets and provide greater clarity on how federal securities law applies to cryptocurrency.
“The SEC can bring at least a national approach as to what we think the law is with respect to cryptocurrencies,” Uyeda—a Republican, like the president-elect—said at the American Bar Association’s Federal Regulation of Securities Meeting in Washington.
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J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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