The deputy director of the Securities and Exchange Commission’s Division of Corporation Finance is retiring after playing a key role in shaping the agency’s approach to cryptocurrencies.
The SEC announced the retirement of Cicely Lamuth in a statement on Monday.
“This work has been incredibly challenging and rewarding, and I have learned so much from the dedicated individuals who commit themselves daily to this critical mission,” Lamothy said in it. statement.
Lamuth was behind a number of key statements from staff involving crypto over the past year, including an explanation memecoins are not securities and defining another agency position Stacking. Beyond crypto, Lamuth made policy leadership recommendations for companies filing draft registration statements, among other efforts, the SEC said.
Lamothe joined the SEC’s Division of Corporation Finance in 2002 and held several senior positions. Prior to the SEC, he worked in the private sector, is a licensed certified public accountant and earned a bachelor’s degree in accounting from Hampton University.
Crypto friendly stance
Lamuth’s retirement comes as the SEC enters its second year of taking a new direction, one that is friendly to the crypto industry.
At the start of the Trump administration and later under a new chair, the agency has Approved list Standards For some crypto exchange-traded funds, which led to several firms launching ETFs tracking assets such as DOJ, Sol, and XRP, several enforcement cases against big-name crypto firms were dropped and worked on.Project Crypto“Updating SEC Rules Around Digital Assets.
On Monday, also Sec announced That this Deputy Director of the Division of Enforcement in Southeastern Nicaea Hackworth-Jones completed her term at the end of December.
“As the Atlanta Regional Director and Deputy Director oversee both the home office and regional offices in Atlanta and Miami, I have seen colleagues at this agency demonstrate an unwavering commitment to investor protection, unwavering determination to carry out the agency’s mission, and tremendous expertise in every aspect of the securities industry,” Jones said.
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