Chair

Circuit

Gary

Coin

<ul class="news-points"> 
 <li><strong>Ripple Chief Legal Officer Stuart Alderoty calls out the SEC’s “troubling patterns”.</strong></li> 
 <li><strong>The SEC laid out a new rule in May regarding stock buyback disclosure.</strong></li> 
 <li><strong>The US Fifth Circuit believes that the SEC’s new regulation was arbitrary and capricious.</strong></li> 
</ul> 
<p>Ripple Chief Legal Officer Stuart Alderoty pointed out some “troubling patterns” of the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission’s (SEC)</a> Chair Gary Gensler on Wednesday. For context, Alderoty’s remark is in connection with the series of mishaps faced by the agency, including its legal losses against Ripple and <a href="https://coinedition.com/grayscale-stands-ready-for-etf-conversion-post-secs-no-appeal/">Grayscale</a>.</p> 
<p>Alderoty highlighted that the Court found the SEC acted arbitrarily and capriciously. Moreover, he added, “Is anyone else concerned about this very troubling pattern of the SEC flouting any faithful allegiance to the law under Mr. Gensler?</p> 
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   <p lang="en" dir="ltr">Another day and another Court finds that the SEC again acted arbitrarily and capriciously. Is anyone else concerned about this very troubling pattern of the SEC flouting any faithful allegiance to law under Mr. Gensler? <a href="https://t.co/5bUgSBUOI8" target="_blank" rel="nofollow">https://t.co/5bUgSBUOI8</a></p>— Stuart Alderoty (@s_alderoty) <a href="https://twitter.com/s_alderoty/status/1719781173080084649?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 1, 2023</a>
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<p>Alderorty shares the same opinions as Coinbase’s Chief Legal Offi…</p>
<p>The post <a href="https://coinedition.com/ripple-chief-legal-stuart-alderoty-on-sec-chairs-troubling-pattern/">Ripple Chief Legal Stuart Alderoty on SEC Chair’s “Troubling Pattern”</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple Chief Legal Stuart Alderoty on SEC Chair’s “Troubling Pattern”

Coin Edition

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