SEC Commissioner Mark Uyeda has criticized the SEC’s approach to crypto disclosure rules, calling it “problematic.” The comment came in a July 1 statement on the SEC’s website. Per a statement on July 1, Uyeda announced new rules for Registered Index-Linked Annuities (RILA). However, a footnote in the statement criticised the SEC’s approach to crypto regulations. SEC Commissioner says current approach inadequateUyeda noted that Form S-1 filings, used by firms going public or registering new securities, need updates. The commissioner argued that the commission’s current approach “neither facili…