SEC’s Dealer Rule Struck Down: DeFi Exchanges Safe from Overreach

Quick Summary:

District Court struck down the SEC’s controversial Dealer Rule, declaring it exceeded the SEC’s statutory authority under the Exchange Act.

The court sided with the plaintiffs, including key industry stakeholders, who argued the SEC unlawfully expanded the definition of “dealer” to include entities and activities not covered by the statute.

Siding with the […]

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Article Details

Author / Journalist: Lipika Deka

Category: Crypto

Markets: India

Topics: News Market News DeFi News SEC Market Crypto Regulation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 13:57:39 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 125 words

Reading Time: 1 minutes read

Sentences: 51 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23766219

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #124

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