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US SEC member: Securities law does not provide protection for people in all areas, such as Meme Coin

Source: PANews
PANews September 10th news: In CoinDesk policy and regulation related activities, Securities and Exchange Commission (SEC) Commissioner Hester Peirce warned that securities laws do not provide protection for people in all areas. He said: "Don't think you bought Meme coins. When the value of this Meme coins falls, the SEC will intervene to save you."
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