Hester Maria Peirce is an American lawyer specializing in financial market regulation. Peirce currently serves as a Commissioner on the Securities and Exchange Commission (SEC).
Hester Maria Peirce is an American lawyer specializing in financial market regulation. Peirce currently serves as a Commissioner on the Securities and Exchange Commission (SEC). She previously served as the director of the Financial Markets Working Group at George Mason University’s Mercatus Center. Peirce was confirmed by the United States Senate in December 2017 to fill a Republican vacancy on the SEC. She was sworn in on January 11, 2018, and her term expires in 2020. Peirce is a former staff member of the United States Senate Committee on Banking, Housing, and Urban Affairs and of the SEC. In 2016, she was nominated by President Barack Obama for Commissioner on the SEC, but the United States Senate did not act on her nomination.
U.S. Securities and Exchange Commission
American
Washington, D.C., United States
Yale Law School, J.D. (1997)
Case Western Reserve University, B.A. (1993)
U.S. SEC - Commissioner
George Mason University, Mercatus Center, Financial Markets Working Group - Senior research fellow, Director, (2012-2017)
Senate Committee on Banking, Housing, and Urban Affairs - Part of Senator Richard Shelby's staff, (2008-2012)
Division of Investment Management - Staff attorney, (2000-2004)
The SEC did not reveal the number of additional investors that the new amendment covers. However, it said it will target people with knowledge about private offerings.
Peirce revealed her disapproval of the earlier SEC actions against the 2018 Telegram ICO. The action caused Telegram to abandon its TON blockchain project.
Hester Peirce, a U.S. SEC commissioner, has been nominated for a second term. She became a popular crypto advocate after her public objection of SEC’s disapproval of the Bitcoin exchange-traded fund application.
The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.
While a digital asset may look like a security at first, it could potentially become decentralized enough in the following years to no longer resemble a security. Bearing this principle in mind, SEC commissioner Hester Peirce has proposed a safe harbor period for token sales.