The US Senate has confirmed Paul Atkins as SEC chairman.
Senate Banking Committee chairman Tom Scott commented: “[Atkins’s] tenure will mark a pivotal moment to roll back harmful Biden-era policies, promote capital formation, and enhance opportunities for retail investors. Chairman Atkins will also provide regulatory clarity for digital assets, allowing American innovation to flourish, and ensuring we remain competitive on the global stage.”
Atkins was a commissioner at the SEC from 2002 to 2008 under the Bush administration. He has since served as CEO of Patomak Global Partners, a financial services consultancy firm which he founded in 2009. Between 2012 and 2015 he was chairman of the Bats Global Markets (now Cboe Global Markets) board.
Acting chairman Mark Uyeda, alongside commissioners Hester Peirce and Caroline Crenshaw, issued a statement on the confirmation: “A veteran of our commission, we look forward to [Atkins] joining with us, along with our dedicated staff, to fulfill our mission on behalf of the investing public.”
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