As a seasoned crypto investor with over a decade of experience navigating the volatile and exciting world of digital currencies, I find myself optimistic about the potential appointment of Teresa Goody Guillén as the new SEC chair. Her deep understanding of blockchain technology, coupled with her extensive experience at the SEC, makes her an ideal candidate to lead the agency in a more pro-crypto direction.
Reports indicate that the transition team for former President Trump is contemplating Teresa Goody Guillén, an advocate for digital currencies, as a possible nominee for the position of SEC chair. Presently, Guillén serves as a partner at BakerHostetler and shares leadership responsibilities in its blockchain division.
Just last week, Gary Gensler hinted at departing from the agency, sparking an intense discussion about who might succeed him.
According to the Kobeissi Letter, it’s expected that as Trump looks for an SEC Chair who is supportive of cryptocurrency, the value of cryptocurrencies may keep increasing.
News Flash: There are indications that Donald Trump might opt for replacing current Securities and Exchange Commission (SEC) Chairman Gary Gensler with Teresa Goody Guillen, a lawyer known to be supportive of cryptocurrency.
Trump is supposedly looking for a pro-crypto SEC Chair replacement.
Guillen is a veteran of the SEC known to be pro-crypto.
— The Kobeissi Letter (@KobeissiLetter) November 19, 2024
All Change at The SEC
Brendan Playford, co-founder of Masa, stated to CoinDesk that she stands out as the top contender among those who are currently being discussed.
He added that she has a clear understanding of the laws and the way the SEC works. “We would just have an instant change-maker that would dramatically transform the industry with someone that’s very pro-crypto.”
Instead of “dramatically rolling back,” we could say that Charley Cooper stated that there would be a significant shift in approach from the previous administration’s practice of primarily regulating through enforcement and interpreting laws written 90 years ago in an arbitrary manner. He expressed this to CoinDesk while serving as a senior advisor at R3, a digital asset solutions provider.
Last week, former SEC attorney Guillén said that US crypto and capital markets “will thrive under President Trump” before adding, “The public has loudly and clearly spoken; current govt has a responsibility to serve the will of the people.”
This is who Trump is considering to replace Gensler
— Will (@WClementeIII) November 19, 2024
At 1kx, our General Counsel, Larry Florio, mentioned that he’s been hearing about Teresa Goody Guillén being suggested for the position of SEC Chair. He has personally worked with her and her team, which he found to be a pleasant experience.
“She’s an outstanding candidate for the chair position. She’s both pragmatic and dynamic, making her my top recommendation. Contrary to popular belief, I don’t favor a chaotic approach to crypto. Instead, I advocate for reasonable and comprehensive regulations that foster innovation while safeguarding against deception.
Job Spec and Candidates
The reported criteria for the SEC chair position include a pro-crypto stance, a non-bureaucratic background, a willingness to implement light-touch regulations, and an interest in overhauling the agency.
Among the other possible contenders are Dan Gallagher, currently the chief legal officer of Robinhood, ex-Acting Comptroller Brian Brooks, ex-SEC commissioner Paul Atkins, and Robert Stebbins, a legal associate at Willkie.
Among crypto industry leaders, Stebbins is considered the least preferred option. This week, Ripple‘s CEO, Brad Garlinghouse, cautioned that opting for Stebbins could essentially take us back to the period of enforcing regulations instead of setting them.
Featured Image Courtesy of Yahoo Finance
Read More
- PENDLE PREDICTION. PENDLE cryptocurrency
- Skull and Bones Players Report Nerve-Wracking Bug With Reaper of the Lost
- SOLO PREDICTION. SOLO cryptocurrency
- W PREDICTION. W cryptocurrency
- NBA 2K25 Review: NBA 2K25 review: A small step forward but not a slam dunk
- League of Legends: Saken’s Potential Move to LOUD Sparks Mixed Reactions
- Dragon Quest III HD-2D Remake Review: History Repeats
- Aphrodite Fanart: Hades’ Most Beautiful Muse Unveiled
- Clash Royale: The Perils of Firecrackers and Cringe Decks
- Why has the smartschoolboy9 Reddit been banned?
2024-11-20 23:21