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/biz/ - Business & Finance


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52780420 No.52780420 [Reply] [Original]

https://emmer.house.gov/_cache/files/0/c/0c7fc863-7916-4b19-bc44-52bef772287e/9B0B9D1CA9B3C215DDC762DF5B0F6864.3.16.22.emmer.sec.letter.pdf

>> No.52780451
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52780451

>>52780420
Nothing will happen

>> No.52780492

>>52780420
Fake and gay.

>> No.52780522

>We have questions regarding the Securities and Exchange Commission’s (the
Commission) utilization of Division of Enforcement and Division of Examination authorities to
obtain information related to cryptocurrency and blockchain firms. Those authorities are better
suited to the SEC’s divisions charged with seeking public commentary as part of the rulemaking
process.

>The SEC’s regulatory functions, while broad, are limited to the extent of its statutorily
mandated jurisdiction. Enforcement powers, while conceptually broader with respect to non-SEC
regulated entities, are still circumscribed by statute, federal judicial review, congressional
oversight and the Commission’s own policies and procedures for initiating and conducting
inquiries and investigations. It appears there has been a recent trend towards employing the
Enforcement Division’s investigative functions to gather information from unregulated
cryptocurrency and blockchain industry participants in a manner inconsistent with the
Commission’s standards for initiating investigations.

>We have reason to believe these requests might be at odds with the Paperwork Reduction
Act (PRA). The Securities and Exchange Commission Division of Enforcement: Enforcement
Manual from 2017 states that during an inquiry or investigation, SEC staff may utilize Form
1662 to request voluntary production of documents, the voluntary creation of documents, and
voluntary interviews and testimonies from regulated entities. The Commission’s Division of
Examination may utilize Form 2866 for voluntary document production as well. We understand
that the fruits of these requests will help the staff assess the merits of an investigation at its
earliest stage; however, pursuant to the PRA, in seeking information from the American public,
federal agencies must be good stewards of the public’s time, and not overwhelm them with
unnecessary or duplicative requests for information.

>> No.52781770

>>52780451
They need a fall guy.

>> No.52781799

He got that zuckerberg head

>> No.52781841

>>52781799
you're beginning to notice their physiognomy

>> No.52782107

>>52780420
Bro why does this guy look like a child molesting blood drinking satanic pedophile?

>> No.52782450
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52782450

>>52780420
GO BOI!

>> No.52782503

>>52780420
This goddamn kike needs to burn in hell

>> No.52782512

with kikes you lose

>> No.52782823

>>52782107
Relax, he's just Jewish.

>> No.52782843
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52782843

>>52782107
Because he and everyone around him is.