SEC Division of Corporation Finance Deputy Director Cicely LaMothe to retire after developing crypto guidelines
PANews, December 30 — According to The Block, the Deputy Director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission (SEC), who played a key role in shaping the agency's approach to cryptocurrency regulation, is set to retire. On Monday, the SEC announced Cicely LaMothe's retirement in a statement. The SEC stated that over the past year, LaMothe participated in drafting several important staff statements related to cryptocurrency, including one clarifying that meme coins are not securities and another explaining the agency's stance on staking. In addition to cryptocurrency-related matters, LaMothe also led policy recommendations for draft prospectuses submitted by companies.
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