U.S leading financial watchdog, the Securities and Exchange Commission (SEC) is planning to bring on a “crypto specialist” attorney advisor. The regulators revealed its intention to hire via an official government jobs portal, USAJobs.
The SEC Division of Trading and Markets is Hiring
According to the job description posted on USAJobs, the SEC’s Division of Trading and Markets is looking to hire the new legal expert to help with the development of a “comprehensive plan” targeted at addressing cryptocurrency and digital asset securities.
Responsibilities
In the job description posted, some of the major responsibilities of the new hire will be the:
Coordinating with TM staff to establish a comprehensive plan to address crypto and digital asset securities and engaging with other Divisions and Offices on such matters.
Serving as the TM’s point of contact for domestic and international regulators, market participants, and the public.
Providing expert level comment on policy and workstreams.
Developing and maintaining expert-level industry knowledge of crypto and digital asset securities and products, as well as legal and policy developments occurring in domestic and foreign jurisdictions;
Applying knowledge of federal securities laws to digital asset securities and crypto matters, i.e., broker-dealer, exchange, clearing agency and transfer registrations, exchange product applications, sales and trading practices, etc.
According to the ad, candidates selected will be serving as the Division’s lead representative in the SEC’s FinTech Working Group and as well as a liaison with the FSOC’s Digital Assets Working Group;
Candidate Requirments
At least four years of post J.D. work experience as a practising attorney, with focus on interpreting and applying laws governing the securities industry, in particular, the Securities Exchange Act of 1934, among other regulatory area is also required by the division. This is alongside standard documentation expected from lawyers such as a Juris Doctor (J.D.) or Bachelor of Laws (LL.B.) degree, and an active membership of Federal Bar Association.