SEC’s Dealer Rule Struck Down: DeFi Exchanges Safe from Overreach

A U.S. District Court struck down the SEC’s controversial Dealer Rule, declaring it exceeded the SEC’s statutory authority under the Exchange Act. The court sided with the plaintiffs, including key industry stakeholders, who argued the SEC unlawfully expanded the definition of “dealer” to include entities and activities not covered by the statute. Siding with the The post SEC’s Dealer Rule Struck Down: DeFi Exchanges Safe from Overreach appeared first on Coin Edition .

Source: Coin Edition