Dilapidated SEC Chief Blasts ‘bogus’ Catchphrase: ‘Law By Enforcement’

A extinct Securities and Commerce Commission (SEC) respectable has slammed “cryptocurrency lobbyists” for labeling SEC enforcement actions as “law by enforcement” — calling the timeframe a “Bogus Great Crypto Win Phrase.”

John Reed Stark, a extinct chief of the SEC’s Dwelling of job of Web Enforcement and a crypto skeptic, opined in a Jan. 22 submit that the argument is “sorely incorrect” as it was once lawful how securities laws labored.