The Past, Present, and Future of Crypto and Blockchain Regulation in the United States

Jay Clayton, former Chairman of the Securities and Exchange Commission, Miami, November 2, 2023 

For its inaugural event, on November 2, 2023, the Institute of Law, Technology & Innovation was pleased to host Jay Clayton, the former chairman of the Securities and Exchange Commission (SEC).

Clayton, who served as the SEC’s chair from 2017-2020, discussed the past, present, and future of crypto and blockchain regulation in the United States with Katya Fisher, a Miami-based attorney who taught a course at FSU Law on "Law and Technological Innovation" during the fall 2023 semester. Clayton discussed a number of topics, ranging from the SEC’s current treatment of stablecoin, to the prospect of a uniform international law regarding crypto to the potential use of AI technology in regulatory agencies.

The event included welcoming remarks by Miami Mayor Francis X. Suarez, and Lourdes Castillo, president of the Miami Economic Club, and Dean Erin O’Hara O’Connor.

This invite-only event took place at Mana Tech, an innovation hub in Downtown Miami, and drew an audience from the thriving Miami tech community. The discussion was followed by a reception sponsored by Amelia "Mel" Rea Maguire (‘86), president and CEO of REA International and a board member of the Stoops Center of Law and Business.

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Featured Speakers

Jay Clayton, chair of the Securities and Exchange Commission from May 2017 to December 2020, is a senior policy advisor and of counsel to Sullivan & Cromwell. His practice centers on corporate governance and financial regulatory matters, economic policy and government relations, and investigations. For over twenty-five years, Clayton has advised domestic and international financial institutions, market participants, and government officials on various significant strategic matters and policy issues, including the world’s second-largest IPO, various cross-border mergers in the telecom, airline, and shipping sectors, the design and application of the Troubled Asset Relief Program (TARP), the design and application of the mortgage relief programs arising out of the $25 billion “robo-signing” settlement, and the U.S. government response to the COVID-19 pandemic.

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Katya Fisher is a lawyer and executive vice chairman of Constructor Group, where she serves as an advisor to the chairman and oversees legal and human resources worldwide. Fisher is also the founder and CEO of Aracor, an AI-driven legal tech company based in Miami, Florida, which helps law firms and businesses of all sizes read and understand complex agreements.