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[Informed Sources: US SEC Requires Its Staff To Obtain High-level Approval Before Launching An Investigation After Leadership Changes] According To Reuters, Two People Familiar With The Matter Revealed That The US SEC Now Requires Its Lawyers To Obtain High-level Approval Before Officially Launching An Investigation. The New Requirements Stipulate That Law Enforcement Officers Must Obtain Permission From Politically Appointed Commissioners To Issue Subpoenas, Request Documents And Compel Testimony. Previously, Staff Had The Power To Independently Launch Formal Investigations, And SEC Commissioners Supervised The Entire Process. This Change Came After Changes In SEC Leadership, Including The Departure Of Former Chairman Gary Gensler And Democrat Jaime Lizárraga Last Month. President Trump Appointed Mark Uyeda As Acting Chairman, And The Committee Currently Consists Of Three Commissioners: Uyeda, Hester Peirce, And Caroline Crenshaw. According To Tyler Warner, A Former Banking Consultant And Current NFT Market Analyst, The New System Will Prevent "malicious Attacks." SEC Commissioners Will Act More Cautiously And Are Unlikely To Approve Investigations Without Solid Evidence
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