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Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel's Republicans to question the SEC and FINRA about the company’s unique status.

Updated Aug 16, 2023, 3:20 p.m. Published Aug 15, 2023, 7:06 p.m.
Republican lawmakers are questioning Securities and Exchange Commission Chair Gary Gensler on how Prometheum got its registration. (Kevin Dietsch/Getty Images)
Republican lawmakers are questioning Securities and Exchange Commission Chair Gary Gensler on how Prometheum got its registration. (Kevin Dietsch/Getty Images)