The U.S. Securities and Exchange Commission (SEC) has announced key new appointments that indicate a change in approaches to the regulation of the cryptocurrency sector.
Appointment of Jamie Selway
Effective June 17, Jamie Selway will take over as Director of the Division of Trading and Markets. Selway brings a wealth of experience from the capital markets sector, notably serving as global head of institutional markets at Blockchain from 2018 to 2019. Most recently, he worked with Sophron Advisors, advising clients on financial technology and regulatory strategy.
Appointment of Brian T. Daly
On July 8, Brian T. Daly will become Director of the Division of Investment Management. Daly joins from Akin Gump, where he advised on cryptocurrency, blockchain, and investment fund regulation. He has been outspoken on previous SEC policy under the Biden administration, particularly SAB 121, a rule that required banks to treat client-held digital assets as liabilities.
Additional Appointments at SEC
The SEC also announced Erik Hotmire as the returning chief external affairs officer and Kurt Hohl as the agency’s new chief accountant. Together, these appointments mark a clear policy shift under Chairman Atkins, with a growing emphasis on embracing digital innovation and rebalancing regulatory priorities in crypto markets.
The appointment of new leaders at the SEC indicates a shift in approaches to regulating the cryptocurrency market and establishes new priorities that promote digital innovation.
