The SEC is hiring a crypto specialist

The U.S. Securities and Exchange Commission (SEC) has imposed a cease-and-desist order on Canada-based crypto investment firm NextBlock Global for violating securities law.The post SEC imposes cease-and-desist order and a $25,000 fine on defunct crypto investment firm NextBlock appeared first on The Block.

The U.S. Securities and Exchange Commission is looking for a crypto specialist attorney advisor, according to a job posting. The crypto specialist will earn between $144,850 and $238,787 per year, and they will be responsible for coordinating the Division of Trading and Market's activities in regards to crypto and digital asset securities.

The successful candidate will need to establish “a comprehensive plan to address crypto and digital asset securities.” The position will also require them to apply “knowledge of federal securities laws to digital asset securities and crypto matters, i.e., broker-dealer, exchange, clearing agency and transfer registrations, exchange product applications, sales and trading practices, etc.”

SEC's future crypto specialist will also serve as the division’s lead representative in the SEC’s FinTech Working Group and as a liaison with the FSOC’s Digital Assets Working Group.

In order to be eligible, a J.D. or LL.B Degree as well as a proof of bar membership are needed. At least four years J.D. experience is also required.