'Crypto Mom' Hester Peirce Resigns From SEC Effective Oct 2

Key Takeaways

• Hester Peirce resigned from the SEC to teach law, shifting a top crypto regulatory advocate to academia.
• Peirce fought enforcement-first crypto regulation, advocating clear rules to foster market innovation.
• Her exit leaves the SEC with only two active commissioners, worsening leadership vacancies at the agency.

SEC Commissioner Hester Peirce To Step Down on October 2

The U.S. Securities and Exchange Commission (SEC) is about to lose one of its most pro-crypto commissioners ever.

Hester Peirce, also known as “crypto mom” for her innovative views on crypto regulation, announced she is leaving her current role at the commission to pursue a different path at a law university.

On Friday, Peirce posted a resignation letter dated September 21 on social media, thanking President Trump for allowing her to serve at the SEC and announcing her resignation effective October 2, declaring her tenure at the institution had been “the honor” of her professional lifetime.

“The United States is exceptional because its unifying thread is a commitment to liberty… That ethos runs through the American securities markets, where innovators meet retail and institutional investors so that together they can build a vibrant economy,” Peirce pointed out in her letter.