Could the SEC case against Ripple falter over a conflict of interest?

Empower Oversight said that Hinman was receiving $1.5 million in retirement benefits from the law firm annually while he worked at the SEC, and alleged that he “had repeated contact with the law firm’s personnel.” The organization noted that the SEC’s “Ethics Office explicitly told him not to have any contact with Simpson Thacher personnel.”

“ Understand the degree to which the conflict involving this former official exacerbated the perception that the SEC’s enforcement actions have selectively targeted some cryptocurrencies while giving others a free pass; Evaluate the SEC’s policies and procedures to identify ways to more effectively monitor compliance with ethics guidance.”

ヒンマンが倫理局から繰り返し警告を受けていた証拠が既に開示されています

This is why the Government requires employees in positions of financial authority to disclose every investment for potential conflict of interest. They represent the Government and can’t be biased.

Could? It will.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC Chair Warned of Crypto Exchanges Working Against Their Clients' Best InterestsAccording to Gary Gensler, some digital asset platforms 'are trading against their customers' with their actions.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Chairmen from the SEC and CFTC talk crypto regulation at ISDA meetingGary Gensler and Rostin Behnam talk about their agencies’ authority over cryptocurrency markets at an international financial conference.
Source: Cointelegraph - 🏆 562. / 51 Read more »