SEC officials discussed modernizing securities rules that could affect crypto-linked public companies, with senior regulators openly questioning whether decades-old frameworks still fit digital asset markets. Division of Corporation Finance Director Jim Moloney said the agency wants to reduce unnecessary burdens and “let the free markets be free.”
The Securities and Exchange Commission (SEC) “Material Matters” podcast points to a broader push to modernize securities rules that could affect crypto-linked public companies over time. In the second episode released on May 12, Division of Corporation Finance Director Jim Moloney discussed free-market principles, rule modernization, capital formation, and more direct staff engagement during a conversation with Chair Paul Atkins.
Crypto-related issuers often operate in areas where regulation remains complex, including custody, token activity, bitcoin exposure, cybersecurity, and accounting treatment. Moloney said crypto asset issues are among the initiatives on the division’s agenda, along with disclosure simplification, proxy rules and climate-related regulations.
“We simply can’t sit still and assume that what was developed 50 years ago, 80 years ago, still holds true today. The laws, the rules need to be updated and addressing the new technology,” he stressed, adding:
