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)
Per the new version of the Safe Harbor proposal, if a project meets neither of the specified requirements, it will have a few months to register with the SEC as a securities issuer.
Hester Peirce said that the SEC has a special interest in anything that could become security.
Saying that DeFi promises democratization, open access, transparency, predictability, and systemic resilience, Peirce mentioned the risks related to the industry. They include security vulnerabilities, scaling problems, and faux decentralization.
Hester Peirce wants more precise cryptocurrency regulations amidst crypto adoption by big companies.
The legal dispute with Lantah continued till August even after Telegram was forced to leave its TON project.