Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement in response to President-elect Trump’s nomination of Paul Atkins as Chair of the Securities and Exchange Commission (SEC):
“ICI congratulates Paul Atkins on being nominated as the new Chair of the Securities and Exchange Commission. His distinguished record, years of experience in the industry, and history of service at the SEC make him a supremely well qualified nominee.
Atkins understands that registered fund companies play a major role in the US economy. His leadership will be vital to ensuring the strength, fairness, and integrity of our financial markets. We look forward to working with him to promote the interests of registered funds and the more than 120 million investors they serve.”
Source: ICI
🇺🇸 BREAKING: Donald Trump nominates Paul Atkins as SEC Chairman. pic.twitter.com/Guo2HhOP91
— Cointelegraph (@Cointelegraph) December 4, 2024
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Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:
SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:
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