By Hickory Sun |
Mar 30, 2024
North Carolina State Representative Patrick McHenry has voiced concerns over what he perceives as the Securities and Exchange Commission (SEC) Chair Gary Gensler's enforcement team's misconduct. According to McHenry, this behavior could have far-reaching implications on SEC authority beyond Gensler's focus on cryptocurrency. He also noted that despite Gensler requesting more funding for enforcement last year, a judge has recently criticized the SEC for its abusive and deceptive legal practices, calling for an end to such conduct.