SEC and CFTC to Operate with Three Commissioners After Hester Peirce’s Resignation
Hester Peirce, a long‑time SEC commissioner known for her focus on cryptocurrency oversight, stepped down from her position on September 29, 2026. Her departure leaves the Securities and Exchange Commission with only three commissioners, a reduction that will affect the agency’s capacity to oversee crypto markets.
Impact on Crypto Regulation
- The Securities and Exchange Commission (SEC) will now have three commissioners.
- The Commodity Futures Trading Commission (CFTC) will also operate with three commissioners.
Regulatory Momentum Continues
Despite the change in leadership, the SEC and CFTC are moving forward with new crypto rules. The agencies are pushing ahead on regulatory proposals after the Clarity bill stalled in Congress. This effort reflects a continued focus on establishing clearer guidelines for digital asset trading and investor protection.
With the SEC and CFTC now each staffed by three commissioners, the agencies will continue to shape the regulatory landscape for cryptocurrencies while addressing the challenges posed by the recent leadership change.