Hester Peirce, known as ‘Crypto Mom’, departs SEC effective October 2
Hester Peirce is set to leave the SEC on October 2 after nearly nine years on the commission, and Regent University School of Law has already announced her move into an associate professor role in November. Her exit comes as she has been a visible figure on digital-asset policy and as several crypto rulemaking items remain in progress.
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Users watching SEC digital-asset policy, and companies that have been following the agency’s crypto agenda, see a commissioner leave just as the commission continues work on crypto items. The move also matters for the SEC itself, because two active commissioners remain after her departure on October 2.
What changes in practice is that Peirce is no longer at the commission after nearly nine years, and the SEC’s crypto portfolio continues without her in office. At the same time, the custody proposal issued on October 1 and the open-comment crypto offering proposal show that the agency’s work remains in motion.
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