John Reed Stark, founder of John Reed Stark Consulting and former SEC attorney, opposed regulatory reform for cryptocurrencies, advocating adherence to existing securities laws

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John Reed Stark, founder of John Reed Stark Consulting and former SEC attorney, opposed regulatory reform for cryptocurrencies, advocating adherence to existing securities laws

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John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable. The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate digital assets and urged that digital assets do not escape the definition of securities under the current laws.

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