Previous Blockchain Exec Signs Up With SEC to Manage Markets
The U.S. Securities and Exchange Commission reported that Jamie Selway would join the agency as the Director of the Division of Trading and Markets, starting June 17, 2025. Selway, a monetary markets professional who has worked extensively on blockchain innovation, will map the regulation of broker-dealers.
Selway’s Extensive Market Experience
Selway brings years of know-how to the SEC.
Previous blockchain exec to regulate stock exchanges and brokers. Selway’s crypto proficiency to assist digital asset policies. SEC aims to balance innovation with investor protection. Selway’s appointment signifies a shift to accommodative innovative financial technologies in regulation.
Selway’s Comprehensive Market Experience
Selway brings decades of knowledge to the SEC. Simply recently, he was an employee at Sophron Advisors, where he provided market strategy advice to clients. He held high positions at Blockchain.com, a large cryptocurrency platform, and BATS International Markets, a global stock market operator. He also honed his electronic brokerage skills during his tenure as a managing director at Investment Innovation Group. SEC Chairman Paul S. Atkins praised Selway’s appointment, citing his broad experience in asset classes that would enhance the markets.
Selway stated that he was excited about the role and would ensure to foster innovation while protecting investors. His background positions him to address emerging issues in digital assets and market structure.
Strategic Appointments Under New Management
SEC also appointed Brian T. Daly as the Director of the Department of Investment Management. Daly is a highly skilled professional in securities law and crypto policy, having previously worked at Akin Gump Strauss Hauer & Feld LLP as a partner. These decisions reflect the agency’s focus on modernizing oversight under the management of Atkins.
Selway’s crypto ties have drawn attention, especially his experience at Blockchain.com, where he navigated complex regulatory conditions. His expertise is crucial as the SEC aims to provide regulatory clarity on digital assets.
The university awarded Selway a Master of Science degree in financial mathematics, and Washington & Lee University awarded him a Bachelor of Arts degree in mathematics and European history.
The Swap dealers and clearing houses are crucial infrastructure supervised by the Department of Trading and Markets. Selway’s role will involve developing policies to ensure an efficient and transparent market. His previous advisory work in fintech companies like Protego Holdings and AllofUs Financial highlights his expertise.
External perspectives emphasize the significance of Selway’s appointment, noting the SEC’s shift towards a more crypto-friendly leadership. His vision includes promoting fair and orderly markets, addressing loopholes in digital asset regulations.
Source: Live Bitcoin News
