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Hester Pierce strikes back against SEC crypto warning to accounting firms By Cointelegraph - Modern Digital India
Thursday, May 28, 2026
International Investments

Hester Pierce strikes back against SEC crypto warning to accounting firms By Cointelegraph

By Isabella Margaret
Hester Pierce strikes back against SEC crypto warning to accounting firms By Cointelegraph
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Commissioner Hester Pierce of the United States Securities and Exchange Commission (SEC) has raised concerns about the agency’s recent statement advising accounting firms against taking on non-audit work for crypto firms.

In a July 28 tweet, Pierce challenged the recent statement by the SEC’s chief accountant Paul Munter, proposing that accounting firms adopt an all-or-nothing approach in their dealings with crypto firms. Pierce believes this might cause crypto firms to shy away from making good-faith efforts to be transparent.