President-elect Donald Trump announced on Wednesday that he has nominated cryptocurrency advocate Paul Atkins to be the next Chairman of the Securities & Exchange Commission.
The Washington Post reported that his nomination signals a “significant political shift for Washington’s leading cop on Wall Street,” indicating that the Trump administration will likely usher in a new era of deregulation and a relaxing of some of its enforcement operations.
“Paul is a proven leader for common sense regulations,” Trump said in a statement. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.”
Atkins was appointed in 2002 to be a Commissioner of the…
