A law student at Seton Hall University School of Law, Braeden Anderson serves as a legal extern at FINRA and a law clerk at Budd Larner, PC, when he isn’t busy with school work. Through these positions, Braeden Anderson has gained hands-on experience with such things as commercial law, regulatory enforcement, and securities violations.
In June 2018, the United States Securities and Exchange Commission (SEC) announced that Valerie Szczepanik would head the organization’s new cryptocurrency division. The agency created this new division as part of its efforts to balance innovation and consumer protection in the emerging cryptocurrency market.
So far, the cryptocurrency market has had unclear regulations attached to it, partly due to the SEC’s struggle to fully classify the currency properly. Because of this, the agency can only warn investors about potential issues relating to cryptocurrency, such as pump-and-dump schemes, a scheme that artificially increases the price of a security.
When Szczepanik takes on her new role, the SEC will grant her the title of senior advisor for Digital Assets and Innovation and associate director of the Division of Corporation Finance. She currently heads the agency’s Distributed Ledger Technology Working Group and Dark Web Working Group and previously worked in the justice field before joining the SEC in 1997.
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