Approval of Spot Ether ETFs to Come Down to 5-person Vote This Week
There’s an ongoing investigation into Ether’s status as a potential security.
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
There’s an ongoing investigation into Ether’s status as a potential security.
Currently, seven ETH spot ETF applications are awaiting SEC review, with VanEck leading the queue.
When asked about the SEC’s long-term vision for cryptocurrency regulation, Peirce admitted she couldn’t provide a definitive answer but emphasized the importance of adhering to the mandate given by Congress.
The former SEC official said that if Hester Peirce chairs the SEC, several crypto-related enforcement actions would come to a sudden stop.
Davidson was joined by another crypto-friendly congressman Tom Emmer in creating the legislation.