State Attorneys General Question the SEC’s ‘Regulatory Power Grab’

Eight state attorneys general in the United States filed an amicus brief, questioning the SEC’s “regulatory power grab.” The lawyers warn that the SEC’s undelegated authority puts consumers at risk. Kraken’s Chief Legal Officer Marco Santori points out the inconsistency in the SEC’s definition of investment contracts. In a novel turn in the Kraken-SEC legal […] source: https://coinedition.com/state-attorneys-general-question-the-secs-regulatory-power-grab/