(Photo: AP)
The Securities and Exchange Commission said Monday that it has appointed Valerie Szczepanik as associate director of the Division of Corporation Finance and senior advisor for Digital Assets and Innovation, a newly created position.
Szczepanik, who reports to Bill Hinman, director of CorpFin, will coordinate efforts across all SEC divisions and offices regarding the application of U.S. securities laws to emerging digital asset technologies and innovations, including initial coin offerings and cryptocurrencies.
"Valerie's thought leadership in this area is recognized both within the Commission and across financial regulators in the United States and abroad," said SEC Chairman Jay Clayton, in a statement. "With her demonstrated skill, experience and keen awareness of the importance of fostering innovation while ensuring investor protection, Val is the right person to coordinate our efforts in this dynamic area that has both promise and risk."
