Paul Atkins Reportedly Tapped For SEC Chair Under Trump Administration
Former SEC Commissioner Paul Atkins has surfaced as a top contender to succeed Gary Gensler as chair of the U.S. Securities and Exchange Commission (SEC).
What Happened: With his reputation for regulatory pragmatism and extensive experience, Atkins is seen as a potential game-changer for the financial services industry, particularly for the crypto sector.
Atkins, founder and CEO of Patomak Global Partners, a consulting firm specializing in risk management and regulatory compliance, is reportedly hesitant to accept the role.
A source close to Atkins told Coindesk that his reluctance stems from the significant effort required to reform what he sees as a bloated and mismanaged agency under Gensler’s tenure.
His reluctance aligns with sentiments expressed by former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, who has publicly advocated for Atkins but previously declined to pursue the position himself.
“His breadth of experience, proven leadership, as well as commitment to innovation should bring …
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