Donald Trump

Chair

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 <li>In the early days of Atkins, he was a lawyer and has also served the financial markets for a long time, both in government and private sectors.</li>
 <li>&nbsp;During his tenure, he sought greater transparency and analysis of the costs and profits of the new rules from the SEC.&nbsp;</li>
 <li>Gensler was nominated by former President Joe Biden. But, now he has announced his exit from his post on the day of Trump’s inauguration, i.e., January 20, 2025.</li>
</ul>
On December 4, the newly elected president Donald Trump announced that he wanted to nominate crypto advocate Paul Atkins to hold the position of new chair of the Securities and Exchange Commission.&nbsp;
Trump further went on to add that Paul Atkins who formerly served as SEC commissioner and the CEO of Patomak Partners was a trusty leader for common sense regulations. After taking an exit from the SEC, the leader has also made the case against too much market regulation.&nbsp; Trump’s Opinion over Paul Atkins&nbsp; 
On a big tent social media platform from America, Truth Social, Trump expressed his opinion that he believes in the guarantee of strong and innovative capital markets that are reactive to the requirements of Investors and that offer capital to make our Economy the best over the globe.&nbsp;
He also believes that virtual assets as well as other revolutions are critical in marking America greater than ever before. <a href="https://news.todayq.com/pantera-believes-that-sec-lawsuits-will-go-away-after-gensler-resigns/" target="_blank" rel="noopener noreferrer nofollow">SEC</a> is responsible for keeping an eye on the U.S. securities market and investments and is now headed by Gary Gensler. He has been ruling the crackdown of the U.S. government on the digital assets market.&nbsp;
Gensler was nominated by former President Joe Biden. But, now he has announced his exit from his post on the day of Trump’s inauguration, i.e., January 20, 2025. The chief legal officer of Coinbase, Paul Grewal took to the social media platform, X to appreciate the decision.&nbsp;
He wrote that we appreciate the commitment of the former commissioner to balance in regulating U.S securities markets and anticipate his fresh leadership at SEC. It is extremely needed and can’t come a day too soon.&nbsp; A dig into Atkin’s history&nbsp; 
In the early days of Atkins, he was a lawyer and has also served the financial markets for a long time, both in government and private sectors. He took the position ofSEC commissioner in 2002, the time when the corporate scandals at Enron and WorldCom had turned up the heat on government regulators.&nbsp; 
Atkins was appraised as the most conservative member of the SEC at the time when he served SEC and also had a strong free-market bent. During his tenure, he sought greater transparency and analysis of the costs and profits of the new rules from the SEC.&nbsp;
He also threw light on investor education and boosted enforcement efforts against those who theft from investors over the internet, are involved in manipulating markets and engage in Ponzi schemes and related frauds.&nbsp;

Trump nominates ex-SEC Commissioner, Paul Atkins as new SEC Chair

Todayq News

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