Hester Peirce, a member of the US Securities and Stock Exchange Commission, gave important warnings to investors engaged in Memecoin transactions. Peirce said that popular transactions will not always be included in the SEC regulation and that investors will cover their damages with their own risks.
SEC warning
Speaking in a new Podcast interview, Peirce said that investors should be cautious against the fluctuations in the Memecoin market. SEC’s newly created crypto task force, the authority shared the opinion that the public should not have unnecessary trust in popular trading tools (eg Pumpfun).
Hester Peirce: “Since everything is popular, it may not be within the scope of SEC regulation. Investors should not expect government intervention. ”
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RISK MANAGEMENT AND RESPONSIBILITY
Peirce stressed that investors are completely responsible for their own financial decisions. The fact that investors act consciously about risk management will be the only authority to meet potential damages. In a statement, the similar approach is valid for institutions.
Hester Peirce: “Your own financial decisions are entirely your responsibility. Even large -scale institutions have to manage their own risks. ”
Peirce said that popular crypto vehicles may not be subject to SEC intervention in any case, adding that investors should not expect support while entering the market. This warning is a reminder for investors to be more careful about market fluctuations.
Explanations reveal that memecoin transactions and institutions operating in this field should take their own risks. It is important that investors behave attentively while making financial decisions and consider that there is no government -supported rescue plan when they face unexpected situations. This looks like you have an insurance in a hurricane.
The above -mentioned opinions underline the care necessary for safe transactions in the market. Investors seem to be determined to make carefully evaluate the market conditions and create their own risk management strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
