Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked April 3, 2023

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Fri Jul 22 20:34:50 +0000 2022

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Pat Toomey (US Sen. ret.) @SenToomey

Let me be clear: Any violation of the law should certainly be prosecuted. — PolitiTweet.org

Posted July 22, 2022

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Pat Toomey (US Sen. ret.) @SenToomey

Yesterday’s enforcement action is the perfect example of the SEC having a clear opinion on how and why certain tokens classify as securities. Yet the SEC failed to disclose their view before launching an enforcement action. — PolitiTweet.org

Today we announced insider trading charges against a former Coinbase product manager, his brother, and his friend f… https://t.co/ruMknXZvgn

Posted July 22, 2022

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Pat Toomey (US Sen. ret.) @SenToomey

But the SEC’s regulation-by-enforcement approach to digital assets poses a serious challenge for any well-meaning innovator who’s striving to comply with existing laws and regulations. Providing regulatory clarity prior to enforcement would benefit regulators and investors alike. — PolitiTweet.org

Posted July 22, 2022