In the thread below are some clips from his speech, highlighting investor protection concerns in the space, and the SEC's authority 🧵
@GaryGensler: “I believe these platforms not only can implicate securities laws — but some also implicate commodities & banking laws.
“Many platforms have 50-100 crypto tokens trading on them…the probability is quite remote that w/ 50+ tokens, that none of them are securities.”
Mar 2, 2020 • 8 tweets • 4 min read
The USDA is siding with corporate meatpackers over farmers in a proposed Packers & Stockyards Act rule. If you are concerned about fair treatment and protections for livestock farmers, please submit a comment to the USDA: federalregister.gov/documents/2020…
Congress passed the Packers & Stockyards Act to curb the power of monopolistic meatpackers and establish #FairMarkets in the livestock industry. But decades of pro-business court rulings have gutted the law takebackthecourt.today/scotus-undermi…
Jan 17, 2020 • 18 tweets • 39 min read
If you want to follow the developments in the national conversation on #BigTech's monopoly power, the House Antitrust Subcommittee is holding a field hearing in the Wittemyer Courtroom at @ColoLaw in a few minutes. Livestream here: judiciary.house.gov/calendar/event…@ColoLaw The Washington Post on today's House field hearing on #BigTech: "Smaller technology companies ... are sharing their stories in the hope that Washington is finally getting serious about cracking down on the power of tech giants." washingtonpost.com/news/powerpost…