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“Crypto traders ought to profit from compliance with the identical legal guidelines that [Rep. Sam] Rayburn and [President Franklin Delano] Roosevelt laid out to guard towards fraud, manipulation, front-running, wash gross sales and different misconduct,” Gensler mentioned. “As Justice Thurgood Marshall put it so properly, ‘Congress’s objective in enacting the securities legal guidelines was to control investments, in no matter kind they’re made and by no matter title they’re referred to as.'”
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