In introductory remarks, Acting Chairman Mark T. Uyeda said the U.S. Securities and Exchange Commission has formed a Cyber and Emerging Technologies Unit within the Division of Enforcement to keep pace with technological developments and pursue misconduct that uses innovation to defraud investors. He also pointed to the SEC’s recently formed crypto task force, which is tasked with developing a comprehensive and clear regulatory framework for crypto assets and is expected to emphasize more judicious deployment of enforcement resources. Uyeda highlighted enforcement activity involving misstatements and exaggerations about artificial intelligence capabilities, and said the SEC remains engaged in enforcement against fraud and schemes across markets, including crypto. He also underscored continued focus on traditional investor-protection areas such as elder fraud, alongside an approach to regulation that avoids unnecessary restraints on market access and innovation.
U.S. Securities & Exchange Commission 2025-02-20
U.S. Securities and Exchange Commission creates Cyber and Emerging Technologies Unit and reiterates crypto task force focus on judicious enforcement
The U.S. Securities and Exchange Commission (SEC) has established a Cyber and Emerging Technologies Unit within its Division of Enforcement to address technological developments and misconduct. Acting Chairman Mark T. Uyeda noted the formation of a crypto task force to create a regulatory framework for crypto assets. The SEC continues to focus on enforcement against fraud, including in AI and crypto, while maintaining investor protection and market access.