Gary Gensler actually said...

I think then the SEC has a role to play to help bring some consistency and comparability to those guidelines.

At the core it is about protecting investors. That is the core of the mission of the agency.

To the extent that someone is offering a crypto token which is an investment contract or security that's under the SEC's remit, the SEC has ...

It is the investor community that gets to decide what is material to that.