Author
Matthew Goldstein, More About Matthew Goldstein
02/27/2025 12:00:00 AM

The S.E.C. clarified that memecoins are not considered investment contracts and therefore not subject to federal securities laws, but fraudulent conduct regarding them may still face enforcement.

Business & Finance S.E.C. Declares Memecoins Are Not Subject to Oversight
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Fear 😨

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😨 Fear

Reported on the S.E.C.'s policy statement regarding memecoins.

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🤔 neutral

Served as S.E.C. chair under President Joseph R. Biden Jr.

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🤔 neutral

Mentioned as the President under whom gary gensler served as S.E.C. chair.