Skip to content

The SEC will hold virtual conferences for players in the fintech industry

June 12, 2020

FinHub, a fintech arm of the U.S. Securities and Exchange Commission, will now hold digital meetings for industry players under the limitations of COVID-19.

“In order to facilitate ongoing communication, FinHub will organize a number of virtual P2P meetings thematically in the coming months.”The SEC said in a statement on June 11:

“During each series, FinHub employees meet virtually with innovators, entrepreneurs or companies who want to discuss questions related to the topic of this series.”

FinHub started as a guide for innovations

FinHub started at the end of 2018 as a bridge between the expansion of technologies and the guidelines that govern themThe office wanted to create transparency and contact between public institutions and the government agency. because these new financial technologies are sometimes in gray areas.

The SEC will hold virtual conferences for players in the fintech industryThe SEC will hold virtual conferences for players in the fintech industry

FinHub provided a platform for individuals and groups to post questions, comments, or concerns, and has largely worked on “on-site” meetings in various regions over the past year.However, concerns about COVID-19 and the resulting limitations have, according to the statement, triggered a different form of contact in the future.

From now on, digital conferences offer a means

The FinHub meetings will cover a variety of topics in the coming months. “The first issue is Regulatory Technology (RegTech),” the statement said, adding:

“Financial services companies are increasingly turning to technological innovations to strengthen their compliance programs and make them more efficient.”

Cointelegraph contacted FinHub for further details, but has received no response at the time of this release. This article will be updated accordingly as soon as a response arrives.