- Last week SEC Chairman Paul Atkins swore And he will preside over the recently compiled SEC after the departure floods from the doge. Experts point out that the order that takes the rules can see significant shifts, but Atkins does not shrink purple when it comes to forced acts.
Three of the last four general lawyers on securities and exchanges predict this The priorities of execution will change but will not disappear with recently sworn Chairman Paul Atkins at the helm of the agency.
Last week, Atkins took the post of chairman of the main federal US securities market regulator, but it is not new to SEC. Previously, Atkins held the post of commissioner from 2002 to 2008 and he noted Crypto -EnthusiastEarlier, up to $ 6 million was contained with a cry. Observers in the market predicted the application of the Lantern SEC, given President Trump’s attention to business policy, but do not mistaken-air do not go under Atkins, predicted Melissa Hodgman, one of the departments engaged in the previous officials.
According to Hodgman, Atkins’ comments about forced execution usually fall into several key topics. Fraud, including accounting and disclosure fraud, as well as insider trading, probably Spring Berkeley Forum on M&A and Halls Meetings.
Hodgman is now a partner at the Freshfields law firm but spent about 16 years in the SEC forced execution department. She warned the audience that the lawyers should be set to how executives and directors who have material non -public information, buy and sell securities as the regulators became “extremely good” when connecting points in insiders through the use of social media and II.
“They use data and analytics so that they do not hit my career,” Hodgman said. “This is a forced execution unit that will be very concentrated in the field.”
In other cases, forced execution, probably the agency sees a shift in violations of the rules given before the commission, according to three former SEC lawyers, all of them talked at the board together with Hodgman as a moderator.
Robert Stebins, the SEC General Lawyer from 2017 to 2021 during the first Trump presidency under the chairman Jay Kleitan, predicted that the implementation would return to the priorities he had when Clayitan’s stay.
This will mean an emphasis on the “Main Street” or retail individual investors, he said. Plus, Stebins noted that there will be no foreign corruption practices. Trump’s administration stopped Executive order that it hindered the American economic competitiveness.
Dan Berkovitz, General Lawyer under former Chairman Gery Gensler from 2021, said that with the help of forced execution would be more concentrated in cases where to harm investors rather than procedural violations.
Similarly, Megan Barbara, the General Lawyer from 2023 to 2025, a donkey under Genslera, said that probably the requirements would be sought by lower corporate penalties with a deeper concern by the commission that removed the fines from the indirect shareholders.
“I believe that in these cases I will see smaller sums in dollars,” said Barbara, who agreed with the reception of Berkovitsa to lower punishments. “There will be a focus on fraud and fewer policy and procedures.”
In 2024, the SEC provided 583 execution and ordered to raise more than $ 8 billion. The number of cases amounted to 26%, but 8.2 billion dollars were the highest amount in The story of sec. Former Chairman of the Genslera was criticized by enterprises for a wide program that produces rules, and even Commissioner Haster Pers called Genslera’s approach to the crystand in some cases “regulating”.
In this direction, all three of the former lawyers said they expected that the SEC under Atkins would solve the crypto -regulation, although this is a “gentle” issue, Stebins said.
On the fourth day as a chair, Atkins speak On the third round table, the recent SEC Crypto Operational Group. Atkins, in his remark, expressed his hat to Persian, which through the nickname “Cryptom”.
In the field of correction of the rules of the agency can also officially act on environmental disclosure, Stebins said.
In March 2024, the SEC was taken The final rules Requiring new disclosure of state -owned companies on direct and indirect green gas emissions. The rules encountered immediate and rapid legal return reaction and after the presidential election in 2024, acting SEC Chairman Mark Ueda Commission Voted in order not to defend the rule of climate in court.
In addition to Crypto, Berkovich said the normative landscape is likely Accredited investor threshold.
Last SEC turned to the threshold in 2020, Expanding determination Investors and firms that can invest in private capital, hedge funds, venture capital and Pre-IPO shares.
Originally this story was presented on Fortune.com
https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2210911614-e1745798073425.jpg?resize=1200,600
2025-04-28 00:08:00
Amanda Gerut
