Bloomberg Law
Jan. 10, 2022, 2:10 PM

SEC’s Gensler Declines to Say If He Considers Ether a Security

Ben Bain
Ben Bain
Bloomberg News

U.S. Securities and Exchange Commission Chair Gary Gensler declines to say whether he believes the world’s second-biggest cryptocurrency is covered by the agency’s strict trading rules.

  • “I’m not going to speak to any one matter,” Gensler says in response to a question on the issue during a CNBC television interview Monday
  • “I’m the chair of a five-member commission that’s also a civil law enforcement agency, so we don’t get involved in these types of public forums talking about any one project, one possible circumstance and give legal advice over the airwaves that way,” Gensler adds in interview
  • In 2018, under ...