Securities Litigation

In a July 30 speech in Singapore, SEC Commissioner Hester Peirce compared renegade red pandas’ penchant for life “outside the fence” to the Fin-Tech innovation currently frustrating regulators’ efforts to keep up.

Eschewing calls for international regulation, she also compared the efforts of multiple national regulators to the oft-cited role of U.S. states as “laboratories of democracy.”  Cataloging some to date, she cited:

• Singapore’s regulatory “clarity”
• Thailand’s 2018 regulatory framework
• Japan digital asset offering legislation and 2017 ...