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On May 5, 2022, Congressman McHenry, the senior Republican on
the House Financial Services Committee, and Congressman Huizenga,
the senior Republican on the Investor Protection, Entrepreneurship,
and Capital Markets Subcommittee despatched a letter to Chairwoman Maxine
Waters reiterating their demand for a listening to with the complete US
Securities and Exchange Commission (SEC). The House Financial
Services Committee Republicans beforehand known as on Chair Waters to
schedule a listening to with the complete SEC no later than April 2022 to
talk about the SEC’s expansive rulemaking agenda and to listen to the
views of every Commissioner. In the letter, the Congressmen be aware
that, “the SEC has taken a number of actions exterior the scope of
its authority and jurisdiction, and it has performed so with out giving
stakeholders a good probability to offer enter. It is crucial that
our full Committee convene to debate the SEC’s unprecedented
rulemaking agenda and listen to the complete vary of views on the
Commission.”

Read the complete letter to Chair Waters right here.

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