All articles tagged with #paul atkins
SEC's new policies under Paul Atkins aim to modernize corporate reporting and arbitration practices, emphasizing flexibility and investor interests, while facing mixed reactions from industry stakeholders.
The chief US audit regulator, Erica Williams of the PCAOB, was asked to resign by SEC Chair Paul Atkins, who has been replacing leadership to align with his deregulatory approach, raising concerns about the impact on audit standards and investor protection.
Paul Atkins, nominated by Donald Trump to lead the SEC, is married to Sarah Humphreys, linking him to the multibillion-dollar Tamko Building Products fortune. Atkins, a former SEC commissioner, is known for supporting cryptocurrencies. The Humphreys family, owning 75% of Tamko, has significant political influence, with Sarah and her brother David being major Republican donors. Despite David's criticism of Trump, the family's wealth and political ties remain influential.
President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and critic of climate disclosure regulations, to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrency and opposition to the SEC's climate-disclosure rule, is expected to roll back efforts promoting environmental, social, and governance (ESG) investing. Environmental groups have criticized the nomination, fearing it will undermine responsible investing and climate accountability. Atkins would replace Gary Gensler, who has been a proponent of the climate disclosure rule.
President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and critic of climate disclosure regulations, to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrency and opposition to the SEC's climate-disclosure rule, is expected to roll back efforts promoting environmental, social, and governance (ESG) investing. Environmental groups have criticized the nomination, fearing it will undermine responsible investing and climate accountability. Atkins would replace Gary Gensler, who has been a proponent of the climate disclosure rule.
President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and critic of climate disclosure rules, to lead the SEC. Atkins opposes the SEC's climate-disclosure rule, which requires companies to report climate-related risks, arguing it burdens businesses. Environmental groups criticize his nomination, fearing it will undermine ESG investing efforts. Atkins, known for supporting cryptocurrency, would replace current SEC Chair Gary Gensler, who has been active in regulating the crypto industry and promoting climate disclosures.
President-elect Donald Trump has nominated Paul Atkins, a critic of the SEC's climate disclosure rule, to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrency and opposition to ESG investing, has argued that the climate disclosure rule burdens companies and conflates investor demands with those of climate advocacy groups. Environmental advocates have criticized his selection, fearing it could undermine efforts to promote responsible investing. Atkins would replace Gary Gensler, who championed the climate disclosure rule under President Biden.
President-elect Donald Trump has nominated Paul Atkins, a critic of the SEC's climate disclosure rule, to lead the agency. Atkins, known for his support of cryptocurrency and opposition to ESG investing, is expected to roll back regulations requiring companies to disclose climate risks. Environmental groups have criticized the nomination, fearing it will undermine responsible investing efforts. The SEC's climate rule, paused amid legal challenges, was championed by outgoing SEC Chair Gary Gensler, who will step down on Inauguration Day.
President-elect Donald Trump's nominee for the SEC, Paul Atkins, opposes the agency's climate disclosure rule, which mandates companies to report climate-related risks. Atkins, a critic of the rule, argues it burdens businesses and is unnecessary, aligning with Republican opposition. Environmental advocates fear his appointment could undermine ESG investing efforts. Atkins, known for supporting cryptocurrency, would replace current SEC Chair Gary Gensler, who backed the climate rule and targeted the crypto industry.
President-elect Donald Trump has nominated Paul Atkins, a critic of the SEC's climate disclosure rule, to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrency and opposition to ESG investing, has argued that the climate disclosure rule burdens companies and is unnecessary. Environmental groups have criticized his nomination, fearing it would undermine efforts to promote responsible investing. Atkins would replace Gary Gensler, who has been a proponent of the climate disclosure rule and is set to step down on Inauguration Day.
President-elect Donald Trump has chosen Paul Atkins, a former SEC commissioner known for advocating lighter regulatory oversight, to lead the Securities and Exchange Commission. This appointment signals a shift towards more industry-friendly policies, particularly in the financial and crypto sectors, reversing the stringent regulatory approach of current Chair Gary Gensler. Atkins' selection has been welcomed by Wall Street and crypto groups but has raised concerns among progressives about potential rollbacks of key regulations, including climate disclosure rules.
President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and current advisor to financial and cryptocurrency firms, to lead the Securities and Exchange Commission. This move signals a potential shift towards a more deregulatory approach to financial and crypto regulation under Republican leadership. Atkins, known for his criticism of heavy penalties on corporations, is expected to ease enforcement activities, aligning with Trump's recent pro-crypto stance. This nomination follows Gary Gensler's resignation as SEC chairman, who was known for his stringent crypto regulations.
Bitcoin has surged past $100,000 for the first time, driven by investor optimism over potential regulatory support from US president-elect Donald Trump, who has nominated crypto advocates to key positions. This includes Paul Atkins for the SEC, raising hopes for a favorable regulatory environment. The rally is further fueled by institutional investments, with ETFs from major asset managers like BlackRock and Fidelity attracting billions. Trump's shift in stance on crypto, previously criticized as a 'scam', aligns with significant campaign contributions from crypto investors.
President-elect Donald Trump has chosen Paul Atkins, a former SEC Commissioner and current CEO of Patomak Global Partners, as the new head of the Securities and Exchange Commission. Atkins, known for his support of cryptocurrencies, is expected to influence regulations favorably for the crypto industry, which has seen a surge in prices following Trump's election. This appointment marks a shift from current SEC Chair Gary Gensler's aggressive enforcement actions against the crypto sector. Critics are concerned about the potential risks associated with cryptocurrencies, including fraud and illegal activities.
Donald Trump has nominated cryptocurrency advocate Paul Atkins as the new chair of the US Securities and Exchange Commission (SEC), signaling a potential shift towards more favorable regulations for digital assets. Atkins, a former SEC commissioner, is expected to adopt a friendlier approach to crypto compared to the current chair, Gary Gensler, who has been criticized for his strict enforcement stance. The nomination has been welcomed by the finance industry and crypto advocates, who hope for a regulatory environment that supports innovation. Atkins' appointment, along with Gail Slater's nomination to lead the Department of Justice's antitrust division, reflects Trump's broader strategy to reshape regulatory policies.