SEC Advisory Committee to Discuss Blockchain’s Investor Impact

Mic
18 September 2017

The US Securities and Exchange Commission (SEC)’s investor advisory committee is set to discuss blockchain at an event next month.

According to a newly published notice, the meeting – set for October 12 – will feature “a discussion regarding blockchain and other distributed ledger technology and implications for securities markets”. No other details, including the speakers that may attend or the specific issues that may be raised, are known at this time.

The gathering represents the latest public hearing hosted by a part of the US government that is dedicated, at least in part, to blockchain. The US Treasury Department hosted an event in January, focused on the ramifications of blockchain for the insurance market. Other agencies, including the CFTC, have held their own hearings on the topic as well.

What remains to be seen is whether any of the recent SEC actions will be raised during the meeting. For example, at the end of July, the agency released the findings of its investigation into The DAO, the ethereum-based funding vehicle that collapsed last year, as well as its broader determination that some tokens sold via initial coin offering (ICO) constitute securities.

As with past public hearings, the SEC will be live-streaming the event on its website for those unable to attend.

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