The SEC "Strategic Hub for Innovation and Financial Technology" ("FinHub") will become a stand-alone office at the SEC.

The SEC stated that this designation signals the agency's commitment to facilitate new technologies for the benefit of investors and the advancement of markets. Valerie A. Szczepanik will continue to lead FinHub as the office's first director. FinHub focuses on evolving areas in technology innovation, including distributed ledger technology and digital assets, automated investment advice, and artificial intelligence.

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