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SEC revises quorum rule, allowing single commissioner to approve crypto regulations
The SEC issued a final rule that took effect on Oct. 2, lowering the quorum requirement to one commissioner when only two are present. The change follows the recent departure of Commissioner Hester Peirce, leaving Chair Paul Atkins and Mark Uyeda as the remaining SEC commissioners. The rule could enable a single commissioner to approve crypto rules if the other is disqualified or recused. No new nominations have been announced by the White House, leaving the agencies short‑staffed at the leadership level.