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Seeking Alpha 2021-07-21 23:30:20

SEC's Hester Peirce seeks favors wide range of options for investors: 'B Word' event

Andrii Dodonov/iStock via Getty Images "We should view it as trying to give people the widest range of options possible," but with that more open position, "you have to be careful and think about whether you can afford to lose that money and consider what you're risk tolerance is," said SEC Commissioner Hester Peirce at the "B Word" virtual event. She's the keynote speaker at the event's Regulating bitcoin track. She favors opening the door for allowing more people to invest in markets which are now closed to only accredited investors. "We as regulators can't know what's best for every American," she said. When asked about companies putting cryptocurrency into their treasuries, she said it's not her place to say whether they're doing the right thing. "I'm not in favor of merit regulation," she said. "I don't want to be in the business of running companies." "I'm always in need

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