SEC's Peirce Slams Rules That 'Infantilize Investors' After CLARITY Act Stalls, Calls Failure 'Surprising'

Hester Peirce, U.S. Securities and Exchange Commission (SEC) Commissioner, said she was “surprised” that the Digital Asset Market Clarity Act, or CLARITY Act, failed to advance in the Senate. She also said the rules shouldn’t “infantilize investors” by stopping Americans from investing outside of p…