Lummis Says Democrats Opposed Putting Regulated Professionals Between Retail Investors and Markets
JH Kim
Summary
- It reported that Senator Cynthia Lummis said Democrats voted against a proposal to place regulated professionals between retail investors and the market.
- Lummis said through Cointelegraph that Democrats voted against putting regulated professionals between everyday investors and the market.
- It said Lummis did not provide a specific bill name or vote result, so it was not possible to confirm which regulatory proposal she was referring to.
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U.S. Republican Senator Cynthia Lummis said Democratic lawmakers voted against a proposal to place regulated professionals between retail investors and the market.
Cointelegraph, a cryptocurrency-focused media outlet, reported on November 5 that Lummis said, "Democrats voted against putting regulated professionals between everyday investors and the market."
Lummis made the remark to criticize Democrats' voting position.
However, she did not cite a specific bill or provide vote results, making it unclear which regulatory proposal she was referring to.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.