PANews reported on September 10th that at a CoinDesk policy and regulation event, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce warned that securities laws don't protect people in all areas. Peirce said, "Don't think that if you buy a meme coin and it drops in value, the SEC will step in to save you."
US SEC Commissioner: Securities laws do not provide protection for people in all areas, such as Meme coins
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