SEC Commissioner Hester Peirce has stated that the U.S. Securities and Exchange Commission (SEC) does not provide regulatory protection for meme coins, including the TRUMP token. Peirce clarified that these tokens fall outside the SEC's regulatory scope and investors should not expect guidance or protection from the agency regarding meme coins. This position aligns with the SEC's earlier announcement that most meme coins are not considered securities and thus are not overseen by the commission. Peirce emphasized the importance of recognizing this regulatory boundary during discussions such as the Bitcoin 2025 Fireside Talk.