New SEC Crypto Chief Faces Tough Challenge

Benjamin Bain, Bloomberg News financial regulation reporter, discusses Valerie Szczepanik’s new role at the SEC, where she is now the top official overseeing the cryptocurrency industry. Plus, Robert Hockett, a professor at Cornell Law School, discusses why prosecutors have decided not to try former Jeffries Group managing director Jesse Litvak again after an appeals court freed him from a prison sentence. They speak with Bloomberg's June Grasso and Peter Barnes. See omnystudio.com/listener for privacy information.