The U.S. Securities and Exchange Commission (SEC) has named Taylor Lindman as the chief legal counsel for its Crypto Task Force. Lindman, the former deputy general counsel at Chainlink Labs, will be filling in the shoes of Michael Selig who is now the chairperson of the Commodity Futures Trading Commission (CFTC).
SEC Commissioner Hester Peirce addressed the development saying, “Welcome to our new Crypto Task Force Chief Counsel, Taylor Lindman, who joined the SEC today. I predict great things!”
Lindman had joined Chainlink Labs back in 2021 as the Associate Genera Counsel. In the five years that he worked there, he became the director of Chainlink’s Associate General Counsel and stepped down as the Deputy General Counsel to join the SEC.
Commenting on Lindman’s appointment as this task force’s legal counsel Chainlink said, “We all look forward to modernizing the U.S. financial system together, taking it to the next level of its development and rapid growth.”
In an update posted on LinkedIn, Lindman said, “I’m happy to share that I’m starting a new position as Chief Counsel of the Crypto Task Force at U.S. Securities and Exchange Commission!”
Selig congratulated Lindman on succeeding him on the LinkedIn post predicting that he would be a huge asset to the task force.
“Congratulations, Taylor. You’ll be a huge asset to the SEC’s Crypto Task Force as it continues to develop fit-for-purpose rules for crypto assets,” Selig said.
The Crypto Task Force was established by U.S. President Donald Trump last year. The aim of this task force was to bridge the gap between members of the crypto and banking industries and the policymakers to shape up U.S.’s crypto market regulations.