SEC Launches New Strategic Hub for Innovation and Financial Technology

The U.S. Securities and Exchange Commission today announced the launch of the agency's Strategic Hub for Innovation and Financial Technology (FinHub). The FinHub will serve as a resource for public engagement on the SEC's FinTech-related issues and initiatives, such as distributed ledger technology (including digital assets), automated investment advice, digital marketplace financing, and artificial intelligence/machine learning. The FinHub also replaces and builds on the work of several internal working groups at the SEC that have focused on similar issues. The FinHub will: Provide a portal for industry and the public to engage directly with SEC staff on innovative ideas and technological developments; Publicize information regarding the SEC's activities and initiatives involving FinTech on the FinHub page; Engage with the public through publications and events, including a FinTech Forum focusing on distributed ledger technology and digital assets planned for 2019; Act as a platform and clearinghouse for SEC staff to acquire and disseminate information and FinTech-related knowledge…