Peirce, an advocate for the digital asset industry known as "Crypto Mom," is leaving the commission after nearly 9 years of service to become an associate professor at Regent University School of Law in November. Before her exit, Peirce emphasized that regulators should protect the right of individuals to hold assets via decentralized tools and opposed turning the SEC into a "developer approval agency" for software writers.
Wednesday, October 21, 2026
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SEC Lowers Quorum to 1 or 2 Members Ahead of Peirce Exit
Crypto21 days ago
The U.S. Securities and Exchange Commission has amended its operational rules to ensure the agency can continue to pass regulations even if its seated leadership drops to just two members. A new final rule permits the SEC to conduct official business with a quorum of 1 or 2 commissioners, a change that becomes critical on Oct. 2 when Commissioner Hester Peirce departs the agency.
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