SEC Chairman Paul Atkins Proposes Regulatory Shift

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins announced a significant change in the agency’s approach, marking a shift toward a more established regulatory framework. In his statement, he outlined a move away from ad-hoc enforcement actions towards proactively defining rules, interpretations, and exemptions to set consistent standards for market participants. This new strategy, Atkins stated, aims to usher in an ‘era of clarity’ for the SEC.