👾🤝 Trump Restricted the Powers of the SEC The administration of Donald Trump introduced a new rule requiring attorneys of the Securities and Exchange Commission (SEC) to obtain approval from political leadership before initiating investigations. Now, issuing subpoenas and collecting evidence requires a decision from the Commission, whereas informal information requests remain permitted. Meanwhile, the SEC currently has only three members instead of five: two Republicans and one Democrat. Mark Uyeda has been appointed as the interim head, while Hester Peirce is responsible for cryptocurrency regulation. ⚖️ The changes also affect law enforcement agencies—now they must seek SEC approval before launching investigations, which was not previously required. These modifications were introduced without public announcement, and details about the vote and initiators remain unknown. Analysts believe that the new rule may reduce pressure on companies but simultaneously limits the autonomy of SEC staff, transferring enforcement control to political leadership. 🔍 Although the new measures do not necessarily reduce the number of investigations, they demonstrate the Trump administration's intent to strengthen oversight of the SEC. The regulator now takes greater responsibility in the early stages of proceedings. Additionally, the SEC recently repealed the controversial SAB 121 document, which regulated the obligations of companies dealing with crypto assets, further signaling an ongoing review of the Commission’s authority. 📊 💡Do you need fast and reliable exchanges? Welcome to 👉 https://mine.exchange/en