Close Menu
Cryprovideos
    What's Hot

    Prime Crypto Presale Initiatives 2025: Nexchain, Web3 AI & BlockDAG

    June 6, 2025

    Might Labor Market Shock Overtake Inflation as Bitcoin’s Subsequent Macro?

    June 6, 2025

    Tesla TSLA Inventory Data Worst Day Since 2020 Following Trmup-Musk Public Soften Down – BlockNews

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»High 5 Info About New SEC Boss
    High 5 Info About New SEC Boss
    Crypto News

    High 5 Info About New SEC Boss

    By Crypto EditorApril 23, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    American businessman Paul Atkins has been formally sworn in because the thirty fourth chair of the U.S. Securities and Trade Fee (SEC). These are the highest details about Wall Avenue’s new high cop. 

    Truth 1. Opposing the post-Enron Sarbanes-Oxley Act

    Atkins, who was appointed as an SEC commissioner by former President George W. Bush again in 2002, strongly opposed the bipartisan Sarbanes–Oxley Act, which was handed to enhance company auditing requirements and monetary reporting following main scandals reminiscent of Enron. 

    The libertarian was talking out in opposition to the Act’s sweeping regulatory provisions.

    Atkins has additionally opposed vital penalties for company wrongdoing.  

    Truth 2. Being blamed for contributing to the GFC

    The deregulatory atmosphere created by the SEC throughout Atkins’s tenure was additionally partially blamed for laying the groundwork for the worldwide monetary disaster (GFC). 

    The 2004 Web Capital Rule modification allowed funding banks to considerably improve leverage, thus considerably rising the extent of danger. 

    Associated

    High 5 Info About New SEC Boss

    As reported by U.Right this moment, this level was talked about by anti-crypto Massachusetts Senator Elizabeth Warren throughout a current affirmation listening to. 

    Truth 3. Founding Patomak World Companions

    After parting methods with the SEC in 2008, Atkins based consulting agency Potomak World Companions. The agency’s purchasers embrace monetary providers companies, asset managers, insurance coverage corporations, and so forth.    

    After being chosen to spearhead FTX, Atkins acknowledged that he would divest his stake.  

    Truth 4. A giant crypto supporter 

    Atkins is named a significant supporter of cryptocurrency. In 2017, he grew to become the co-chair of Token Alliance, a widely known crypto lobbying group. His disclosures have additionally revealed vital crypto holdings. 

    His nomination was broadly celebrated throughout the crypto trade, with high executives expressing their assist. 

    Earlier this month, he instructed the Senate Banking Committee that crypto regulation can be the highest precedence. 

    Truth 5. Serving as an FTX advisor 

    Atkins has additionally served as an advisor to the now-defunct FTX change, which went belly-up in late 2022. Patomak was lobbying for the odious crypto platform alongside former CFTC Commissioner Mark Wetjen and another distinguished names. The agency signed on as an advisor in early 2022. 



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Prime Crypto Presale Initiatives 2025: Nexchain, Web3 AI & BlockDAG

    June 6, 2025

    Finest Crypto Presale? Finest Pockets Token Raises $13 Million for Web3 Ecosystem – CryptoDnes EN

    June 6, 2025

    Breaking: Apple Exploring Crypto Integration

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025
    Latest Posts

    Might Labor Market Shock Overtake Inflation as Bitcoin’s Subsequent Macro?

    June 6, 2025

    New BTC Layer 2 ICO ‘Bitcoin Hyper’ Raises $500K – Finest New Cryptocurrency to Purchase?

    June 6, 2025

    Bitcoin Cycle Prime Is In—$270,000 Delayed Till 2026, Says Analyst

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Palantir Is Violating Its Personal Rules By Avoiding A Bitcoin Treasury

    June 6, 2025

    Michael Saylor’s Technique ups Bitcoin wager with $1B inventory providing

    June 6, 2025

    Bitcoin Worth Might Drop Beneath $100,000: Right here’s Why It’s Seemingly Regardless of Rising Accumulation

    June 6, 2025

    Bitcoin May Crash by Double-Digit Proportion Factors in a ‘Fast Transfer’ if This Assist Stage Fails, Warns Crypto Dealer – The Each day Hodl

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    President Trump Unveils Nationwide Crypto Reserve Together with Cardano, XRP, and Extra: Right here is What You Have to Know – BlockNews.com

    March 2, 2025

    Senator Warren Calls $2B Trump-UAE Deal 'Shady,' Urges Towards Senate Crypto Laws – Decrypt

    May 5, 2025

    Litecoin’s Subsequent Transfer May Shock Crypto Traders: Analysts Predict a Main Bounce Coming for $LTC – BlockNews.com

    March 5, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.