SEC Appoints Michael Selig as Chief Counsel of Crypto Task Force

The U.S. SEC has appointed Michael Selig as chief counsel of its new Crypto Task Force. Key details include:

• Selig is a former partner at Willkie Farr & Gallagher and interned at the CFTC.
• His appointment was announced on Monday, alongside 13 other staff members.
• Notable colleagues include Landon Zinda from Coin Center and Veronica Reynolds from Baker Hostetler LLP.
• Selig previously advocated for regulatory changes in a CoinDesk op-ed, suggesting a shift from "regulation by enforcement." Some of his proposals have already been adopted.
• Commissioner Hester Peirce highlighted the task force's expertise in addressing crypto regulatory issues.