Summary

  • Sen. Cynthia Lummis said Democrats voted against a proposal to place regulated professionals between retail investors and the market.
  • Lummis made the remark to criticize Democrats' voting stance.
  • The statement did not provide a specific bill name or vote result, making it unclear which regulatory proposal was being discussed.

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U.S. Senator Cynthia Lummis, a Republican, said Democratic lawmakers voted against placing regulated professionals between retail investors and the market.

Cointelegraph, a crypto-focused media outlet, reported on November 5 that Lummis said, "Democrats voted against putting regulated professionals between everyday investors and the market."

She made the remark in criticizing Democrats' voting stance.

The statement did not include a specific bill name or vote result, making it unclear which regulatory proposal she was referring to.

JH Kim