Tom Emmer

@GOPMajorityWhip ↗

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Last Checked Nov. 15, 2021

Created

Tue Oct 05 18:51:39 +0000 2021

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2,788

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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

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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

Clearly there is no path for digital asset securities to be traded anywhere, so it is clear that retail investors would be hurt by Gensler’s actions. @GaryGensler, step out of the way. — PolitiTweet.org

Posted Oct. 5, 2021