📣 The SEC faces challenges in hiring crypto experts
posted 7 Nov 2023
In a report dated October 31, the Office of the Ethics Counsel
highlighted the issue, noting that “many well-qualified candidates hold
crypto assets, which, according to the office’s findings, would
disqualify them from working on specific matters related to crypto
assets.
”This
restriction, according to SEC officials, has posed challenges in
recruiting as candidates are often unwilling to divest their crypto
assets to join the SEC.
Moreover,
the SEC encounters additional complexities due to the limited pool of
qualified experts in the crypto domain and fierce competition from the
private sector.
These insights are part of a comprehensive 25-page report outlining the SEC’s primary management and performance challenges.
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