Peirce signals SEC ‘reorientation’ under new chair Paul Atkins
Hester Peirce, a member of the US Securities and Exchange Commission (SEC), has indicated a potential shift in the agency's direction under the newly appointed chair, Paul Atkins. In a conversation with Cointelegraph, Peirce expressed her enthusiasm to collaborate with Atkins, who has demonstrated a commitment to economic growth and market support during his first term at the SEC. She addressed concerns over possible conflicts of interest due to Atkins' previous connections to the crypto industry but remained optimistic about his adherence to ethical guidelines. Since Atkins' swearing-in on April 21, the SEC has been perceived as seeking clarity in its regulatory approach to cryptocurrencies, especially after what many viewed as a punitive stance under former chair Gary Gensler. Peirce emphasized the urgency for regulatory clarity in the crypto sector as the industry looks for guidance and stability following high-profile lawsuits against major firms, suggesting that the SEC aims to improve its regulatory framework.
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