RATE Group | U.S Senate Confirms New Pro-Crypto SEC Commissioner (Elad Roisman)
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U.S Senate Confirms New Pro-Crypto SEC Commissioner (Elad Roisman)

U.S Senate Confirms New Pro-Crypto SEC Commissioner (Elad Roisman)

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The United States Senate confirmed Elad Roisman as a member of the Securities and Exchange Commission during the session of September 5, 2018. This decision completes the five required members to complete all seats within the Commision.

Funds that Hold Cryptocurrencies Raises Questions, Says SECMr. Roisman, 37 years old, was confirmed as commissioner after serving for several years as chief counsel at the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

Roisman, a Republican candidate was nominated to the Senate by White House during the month of June. Subsequently, on August 23, 2018, the Senate Banking Committee approved the nomination and yesterday, he was confirmed to take the position effectively.

Roisman replaces Michael S. Piwowar, a Republican commissioner who resigned his position within the SEC early this summer to take a job at the Milken Institute as executive director of its center for financial markets.

Comm. Elad Roisman: A Breath of Fresh Air In The S.E.C?

Roisman has several important challenges ahead of him. 2 of…

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