SEC and CFTC Collaborate on Market Structure Legislation

According to PANews, U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins announced on the program 'Mornings with Maria' that the SEC is working closely with the Commodity Futures Trading Commission (CFTC) to advance market structure legislation. This collaboration includes joint roundtable discussions and future joint rule-making efforts. Atkins emphasized the need for a clear regulatory framework for the crypto asset market and suggested introducing innovative exemptions to support the development of on-chain capital markets. Additionally, the SEC plans to review initial public offering (IPO) reporting requirements and explore diverse opportunities for retail investors to participate in the private market.