HFSC Holds SEC Oversight Hearing

On September 24, the House Financial Services Committee (HFSC) held a hearing with all five SEC Commissioners, titled “Oversight of the Securities and Exchange Commission.” Republicans were largely critical of the SEC’s approach to digital assets, shortened comment periods for rulemaking, and an unjustified expansion of the agency’s authority. Democrats expressed support for the SEC and encouraged the Commissioners to act on corporate board diversity disclosure and incentive-based compensation arrangements.

Watch the Hearing Here