Ripple Legal Counsel Wants SEC and Chair to Be Held Accountable

Calls for accountability at the United States Securities and Exchange Commission (SEC) are growing as many industry think tanks believe there is a conflict of interest among the leadership of the regulator. Stuart Alderoty, the chief legal counsel at Ripple Labs Inc, is one of those calling for this accountability, noting recently that the words of Chairman Gary Gensler have legal consequences, a statement made in response to a tweet from Blockchain Association Policy Lead Jake Chervinsky.