ASA Welcomes SEC-CFTC Crypto Harmonization

WASHINGTON – The American Securities Association (ASA) today applauded Securities and Exchange Commission (SEC) Chairman Paul Atkins and Commodity Futures Trading Commission (CFTC) Chairman Michael Selig for holding a roundtable to discuss crypto regulatory harmonization.

"ASA applauds Chairmen Atkins and Selig for coming together to ensure that America remains the clear leader in all facets of capital markets innovation," said ASA President and CEO Chris Iacovella. "We look forward to working with the leadership at both agencies to create a level regulatory playing field for all market participants that embraces digital assets while maintaining necessary investor protections."

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The American Securities Association (ASA) represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.