SEC Struggles to Hire Crypto Specialists Due to Lack of Expertise and Legislation: Inspector General Report
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SEC Inspector General report notes lack of crypto specialists and legislation hinders SEC oversight and hiring.
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Report says potential hires unwilling to divest crypto assets, disqualifying them from SEC employment.
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SEC has tried adding crypto positions in examinations, trading, enforcement but faces small candidate pool.
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SEC faces high competition with private sector for crypto specialists.
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Inspector General plans to scrutinize SEC recruitment practices related to crypto in 2024.