SEC chairman suggests cryptocurrency markets are easily manipulated, unlike the stock market132

Jay Clayton, chairman of the SEC, spoke about the Commission’s take on the cryptocurrency industry. In an interview with CNBC, Clayton said that unlike the crypto market there are “sophisticated” rules in place to prevent the stock market from being manipulated.

After voting to pass a new rule that compels securities broker-dealers to act in the best interests of their clients, the chairman of the Securities and Exchange Commission (SEC) went on CNBC’s Squawk Box to talk more about its implementation.

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