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SEC To LBRY:


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Decentralization is a concept that has consistently
vexed the entire blockchain-enabled ecosystem in the U.S.,
including its counsel and regulators, wherein a lack of clarity on
the exact definition of decentralization has left relevant
stakeholders routinely talking past one another. As such, market
participants have been eagerly waiting for the U.S. Securities and
Exchange Commission (the
SEC) to explain the
agency s understanding of what it means for a
blockchain-enabled network to be sufficiently
decentralized. Based on the SEC s recent enforcement
action, it looks like the agency is getting ready to take a deep ....

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Statement on the Departure of Chairman Jay Clayton


Traders Magazine
Dec. 28, 2020
Jay Clayton ended his tenure as Chairman of the Securities and Exchange Commission last week. I greatly enjoyed working with Chairman Clayton over the past three years. Under his leadership, the agency has navigated difficult and novel challenges, including the pandemic and associated shutdowns and market volatility. Chairman Clayton’s steady hand, wisdom, and optimism inspired the rest of us at the agency to remain focused and committed to protecting American investors and the U.S. capital markets. I particularly appreciated Chairman Clayton’s habit of setting an agenda publicly, following it, and recognizing the staff whose hard work made it all possible. ....

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