CommissionerPeirce/SafeHarbor2.0

"an analysis by outside counsel must be provided" - outside counsel who?

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Is there a registry?

Who decides who is an outside counsel?

Do they need to have a license?

I can call myself "outside counsel" and will provide any analysis suiting your agenda - just pay me 🤑🤑🤑

Just like here

  • "independent"
  • "lobby"

https://www.forbes.com/sites/stevenehrlich/2021/04/13/janet-yellen-bitcoin-and-crypto-fearmongers-get-pushback-from-former-cia-director/?sh=e0c29e39bb7a

image

I would remove ambiguity.

Guys like Tether ($26b and keep printing) can hire any number of lawyers, PR agencies, branding storytellers.


Maybe create something like a $10k flat fee for the report, otherwisee I can clearly see the incentive structure leaning towards those who pay for services.