SEC Commissioner Warns Memecoin Investors Not to Expect Regulatory Protection
U.S. Securities and Exchange Commissioner Hester Peirce delivered a stark message to memecoin investors during Bitcoin 2025: the SEC will not act as a safety net for speculative losses. "People should know I should not be looking to the SEC for protection in this area," stated Peirce, who leads the agency’s crypto Task Force.
The remarks reinforce Peirce’s February position that most memecoins fall outside the SEC’s regulatory scope. "Many memecoins probably do not have a home under our current regulations," she noted, suggesting the CFTC might be better equipped to oversee such assets. The commissioner emphasized that while securities laws can encompass many transactions, memecoins generally don’t qualify as securities.