According to PANews, U.S. President Donald Trump's nominee for the Securities and Exchange Commission (SEC) chair, Paul Atkins, plans to shift away from the previous administration's strict enforcement tactics. Atkins emphasizes the importance of industry experience and focused application to ensure that clients and investors benefit from efficient, effective, and well-designed regulations. He stated that the SEC's mission should be to promote these efforts and use enforcement powers when necessary to address and correct misconduct.
Regarding digital assets, Atkins highlighted his primary goal as chair would be to collaborate with fellow commissioners and Congress to establish a solid regulatory foundation through a reasonable, coherent, and principled approach.