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The US SEC and Binance.US holding company BAM will hold a hearing on October 12th.

According to BlockBeats news on September 19th, a Washington D.C. judge has encouraged Binance and the U.S. Securities and Exchange Commission (SEC) to collaborate in providing more information on how Binance.US handles customer assets. Binance.US holding company BAM has stated that the SEC's requirements for documents are "too broad and burdensome." The SEC and BAM have agreed to hold a hearing on October 12th and submit a joint status report by October 10th.

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The US SEC and Binance.US holding company BAM will hold a hearing on October 12th.

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