Paul Atkins has been sworn in as the 34th chairman of the US Securities and Exchange Commission.
This follows his confirmation by the US Senate on April 9 by a vote of 52 to 44, officially announced on April 21.
Atkins, who served as SEC commissioner from 2002 to 2008, said:
"I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC."
He added:
"As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors."
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Atkins is expected to bring a more crypto-friendly approach to the SEC compared to the previous chairman, Gary Gensler, under the Biden administration.