US SEC and FINRA to Discuss Digital Assets at Joint Broker-Dealer Meeting in June

Two United States regulators, namely the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), will discuss cryptocurrency at a broker-dealer meeting on June 27. The SEC announced the opening of registration for the event on April 16 on its website.

Per the announcement, the 2019 National Compliance Outreach Program for Broker-Dealers will be sponsored by the SEC’s Office of Compliance Inspections and Examinations, the SEC's Division of Trading and Markets and the FINRA. The event will take place at the Federal Reserve Bank of Chicago and will focus on investor protection and “regulatory hot topics,” such as cybersecurity and digital assets.

Lastly, the announcement specifies that while participation is free of charge, in-person attendance is limited to 250 people and up to four people per firm. The meeting will also be streamed live online on the SEC’s website.

This announcement is seemingly in line with recent declarations from the SEC’s chairman, Jay Clayton, who stated this month that the regulator is continuing to focus on the cryptocurrency space.

As Cointelegraph reported last week, John Berlau, a senior fellow at libertarian think tank Competitive Enterprise Institute, criticized the SEC’s approach to regulating cryptocurrencies.