The U.S. Securities and Exchange Commission’s Strategic Hub for Innovation and Financial Technology (FinHub) will host a series of local peer-to-peer meetups across the country. That intends to engage more actively with the Crypto and wider FinTech community. As per the reports, the FinHub’s peer-to-peer meetups enable developers, innovators, attorneys, and entrepreneurs to engage in person with SEC staff with the intention of clarifying specific or broad queries or requests which falls under the agency’s regulatory purview, federal securities law.
Previously, it was reported that FinHub was created to facilitate the SEC’s engagement in FinTech space, Distributed Ledger Technology, and digital assets. Now, it’s kicking off peer-to-peer meetups initiative that will take place in the San Francisco area, at the SEC’s regional office on 26th March. For attending a meetup with the regulator, the public will be asked to show their general area of interest, in addition to the specific purpose of their requested meeting. The public, in indicating the specific purpose of the requested meeting, will be offered a choice of custody inquiry, determination of instrument as security and several registration inquiries for intermediaries, securities, funding or trading platforms. The attendees have also to provide detailed information, research and any other supporting materials before be present the SEC staff.
The agency pointed out that before contacting FinHub with a personal request for a meetup, several common questions they received about digital assets that are widely addressed online in its Spotlight on Initial Coin Offerings and Digital Assets platform. According to the reports, Finhub is spearheaded by Valerie A. Szczepanik, Senior Advisor for Digital Assets and Innovation and Associate Director at the SEC’s Division of Corporation Finance, otherwise colloquially referred to as the agency’s crypto czar.