SEC policy director resigns, SEC expected to remain skeptical of cryptocurrencies

Odaily News The U.S. SEC announced in a statement that Heather Slavkin Corzo, a well-known critic of cryptocurrency, will resign from her position as policy director. SEC Chairman Gary Gensler appointed Corzo in April 2021. During her tenure, Corzo played a key role in implementing market fund reforms, accelerating securities settlement cycles, and strengthening corporate disclosures of cybersecurity incidents. These measures have been praised for strengthening investor protection and simplifying the capital formation process. SEC Financial Advisor Corey Klemmer will succeed Corzo, and the SEC is expected to remain skeptical of cryptocurrencies.