Attorney Claims Crypto Industry Is Not Experiencing Regulatory Capture

Brandon Ferrick, general counsel at Douro Labs, believes the Securities and Exchange Commission’s (SEC) open dialogue regarding crypto regulation signifies a lack of regulatory capture within the industry. Ferrick identifies potential signs of regulatory capture, such as personnel transitions between public and private sectors, consistent attendees at regulatory events, and preferential treatment for certain crypto projects. However, he asserts that these concerns are mitigated by the SEC’s commitment to public engagement through an open portal for commentary and scheduling meetings to discuss potential changes to regulations.