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Brad Garlinghouse wants to know of the SEC is just making it all up as the go along or do they have actual plan?

Deaton

The best defense is a unified offense. Last week Gensler stated that every exchange and platform “needs to come in and register with the SEC.” He said, “whether centralized or decentralized” - all must come in. He may as well have said: “come in to the SEC to get your subpoena.”

First Coinbase, them Ripple, now FTX - all releasing proposals for regulatory clarity...FTX directly before the December 8the hearing

FTX releases crypto regulation proposals before US congressional hearing
The “FTX’ s Key Principles for Market Regulation” blog consists of a 10-points proposal aiming to help U.S. regulators build a crypto-centric regulatory framework.
CointelegraphArijit Sarkar

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