# The SEC falls to two commissioners under a new rule that lets a single member act alone

The September 30 amendment, adopted without public comment, lets one commissioner form a quorum when every other sitting member is disqualified. U.S. crypto policy increasingly depends on agency discretion rather than statute.

- Published: 2026-10-07T05:31:53.993Z
- Canonical: https://polylog.news/crypto/2026-10-07/the-sec-falls-to-two-commissioners-under-a-new-rule-that-let
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/sec-drops-to-2-members-and-1-hidden-rule-shifts-crypto-power/), [AltsWire](https://altswire.com/sec-amends-quorum-rule-as-commission-drops-to-two-members/), [CorpGov.net](https://www.corpgov.net/2026/09/sec-quorum-rule-a-commission-of-one-adopted-without-public-comment/), [Polylog editors](https://polylog.news), [crypto.news](https://crypto.news/us-lawmaker-ban-candidates-from-betting-on-elections/)

The U.S. Securities and Exchange Commission (SEC) now has two commissioners. A rule change adopted days before that departure allows one eligible commissioner to form a quorum (the minimum number of members needed to act) when every other s…

This story is for subscribers. Read it in full at https://polylog.news/crypto/2026-10-07/the-sec-falls-to-two-commissioners-under-a-new-rule-that-let (subscription information: https://polylog.news/pricing).