The U.S. Securities and Exchange Commission (SEC) has filed its response to Ripple’s motion to speed up the briefing related to the motion to exclude expert testimony. The authority highlights that the Defendants haven’t met and conferred with them on their proposed schedule.
Ripple rejected similar proposed plan
Meanwhile, the SEC mentions that they do not object to the proposed schedule. However, It wants to reply to the defendant’s contentions. It added that last week, the parties engaged in huge negotiations related to confidentiality over the experts and their materials.
As per the motion, the commission had suggested a similar schedule proposed by the Ripple and defendants. However, the accused rejected that and held on to file their motions on the public docket on July 12.
It mentioned that the Defendants requested the authority to provide proposed confidentiality redactions to its experts’ reports. Meanwhile, Ripple rejected to match the proposal over their own experts’ documents.
SEC defends expert’s details
The SEC defended itself over Ripple’s assertion over dodging the criticism of its experts in front of the public. The Commission highlighted that they simply sought a few more days to conduct a thorough review of the briefings.
