A Quorum of One: The SEC Adopted the Rule on Sept. 30, Peirce Leaves on Oct. 2, and Two Commissioners Now Decide Every Crypto Rule
The SEC adopted its new quorum rule on September 30, 2026, just before Hester Peirce’s October 2 departure. The amendment explicitly permits one eligible commissioner to constitute the Commission’s quorum when disqualifications leave only that person. It takes effect upon Federal Register publication; adoption alone does not establish that publication has occurred. SEC final rule. After Peirce leaves, Paul Atkins and Mark Uyeda will occupy the SEC’s two remaining filled seats. Their agreement can keep crypto rulemaking moving, while disagreement can block action. The immediate test is the pending Regulation Crypto Assets proposal, whose comment period ends October 20. Commission staffing; SEC proposal. ...