Tom Emmer

@GOPMajorityWhip ↗

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Last Checked Nov. 15, 2021

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Tue Oct 05 18:50:44 +0000 2021

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Tom Emmer @GOPMajorityWhip

Can a broker-dealer like Charles Schwab deal in a digital asset that has gone through SEC registration? Would they be able to trade these digital asset securities and custody them? No. — PolitiTweet.org

Posted Oct. 5, 2021

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Tom Emmer @GOPMajorityWhip

Let’s say someone who issued a token agrees with Chairman Gensler wants to register it as a security with the SEC. Once registered, can this token trade on the NYSE or NASDAQ? No. — PolitiTweet.org

Posted Oct. 5, 2021

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Tom Emmer @GOPMajorityWhip

If Gensler deems a coin with a $1B market cap and tens of thousands of investors a security, what happens to those investors? The value of the token will plummet & retail investors won’t be able to trade it. — PolitiTweet.org

Posted Oct. 5, 2021