The Chamber of Digital Commerce lists the new SEC’s first-day priorities, including Hinman’s speech, review of existing crypto cases, and more

FOX Business reporter Eleanor Terrett wrote on X that in a meeting this week with the staff of U.S. SEC Commissioners Hester Peirce and Mark Uyeda, the Token Alliance of the Digital Chamber of Commerce pointed out that processing the 2018 Hinman speech was a priority for the first day of the Corporate Finance Department, citing its lack of relevance to the Howey test, causing market confusion and "inappropriately creating a winner/loser dynamic." The list of priorities for each SEC department is listed in a timeline from the first day to the 90th day of the new Trump administration, pointing out policy changes that the industry believes will help open up a new and more positive relationship between cryptocurrency market participants and the agency. Other first-day priorities marked as “critical” include: Initiating a review of all existing crypto-related investigations, Wells notices, and ongoing litigation cases, and seeking to suspend those that do not involve actual fraud or investor harm; Rescinding SAB 121 and publishing the order of rescission in the Federal Register; Formally withdrawing and reconsidering a proposed amendment to Rule 3b-16 that would have expanded the definition of “exchange” to include DeFi protocols; Notably, the Chamber of Digital Commerce noted that they were pleased with the open dialogue with the Commissioner team, which demonstrates their willingness to receive ongoing input.