Trump’s SEC Pick Paul Atkins Faces Ethical Scrutiny Over $3 Million In Consulting Fees From Entities He Could Soon Regulate: Report
Posted On December 14, 2024
President-elect Donald Trump’s nominee for the Securities and Exchange Commission, Paul Atkins, is under ethical scrutiny following revelations of $3 million in consulting fees received by his firm, Patomak Global Partners. These payments came from entities that Atkins may soon oversee.
What Happened: Atkins, who established Patomak Global in 2009, has garnered support from trade groups within the crypto and investment sectors.
Some of these groups, which were clients of Patomak, have collectively paid the firm over $3 million over the past decade, reported Barron’s, citing an analysis of public records.
Patomak’s clientele includes banks, fintech firms, and cryptocurrency exchanges. Notably, the …