Sunday, 3 January 2021

Legal Action Against the SEC

Defending XRP Holders, Legal Action Against the SEC, Congress Needs to Stop This Bad Actor Now. Crypto News Video by crypto Eri.

1. The U.S. Securities & Exchange Commission’s (SEC) mission statement is to “protect investors, promote fairness and share information about companies…to help investors make informed decisions and invest with confidence.”
2. As chairman of the SEC, it was Jay Clayton’s (Clayton) fiduciary duty to enforce the SEC mission statement. He failed miserably. Instead of protecting investors and sharing information to help investors make informed decisions, as required by the mission statement, the Respondent knowingly and intentionally caused multi-billion-dollar losses to innocent investors.

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