What New SEC Leadership Could Mean for Crypto, Private Markets, and More
What could be in store for the SEC under the newly confirmed chairman’s leadership?
On April 9, the Senate confirmed Paul Atkins as SEC chair in a vote of 52-44 along party lines (with one Republican, two Democrats, and Bernie Sanders abstaining from the vote). Atkins is a veteran of the SEC, having served as a commissioner under three different chairs from 2002 to 2008.
In his opening statement at his confirmation hearing, Chair Atkins emphasized the need for clear, effective, and nonpolitical regulation, especially regarding digital assets, through a “rational, coherent, and principled approach.” Chair Atkins also criticized burdensome rules that have hindered investment and vowed to focus on fostering innovation and market…
