SEC lets a single commissioner form a quorum when the rest are disqualified
The SEC's new quorum rule could centralize decision-making, raising concerns about legitimacy and impacting regulatory processes. The post SEC lets a single commissioner form a quorum when the rest are disqualified appeared first on Crypto Briefing.
AI summary
The SEC has adopted a new rule allowing a single commissioner to form a quorum when the remaining commissioners are disqualified. This change could centralize decision-making and has raised concerns about the legitimacy of regulatory processes. For crypto traders, the rule may affect how quickly and unilaterally the SEC can act on pending enforcement or rulemaking matters, though no specific crypto actions are cited.
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