SEC Commissioner Explains Why the Regulator Has Not Created Crypto Rules. According to Peirce, the regulator’s current approach will take 400 years to go through all the cryptocurrencies it alleges are securities. US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has given her opinion on why the regulator has so far failed to develop The post SEC Commissioner Says Regulator’s Current Approach Will Take 400 Years to go Through Cryptos it Alleges Are Securities first appeared on The Crypto Basic .