Trump Picks Atkins, Ex-SEC Commissioner, to Succeed Gensler (3)

Paul Atkins is President-elect Donald Trump’s choice to lead the US Securities and Exchange Commission, suggesting four years of relaxed policy and enforcement for crypto firms to hedge funds.

Trump selected Atkins to replace outgoing Chair Gary Gensler, whose ambitious plans focusing on climate-risk disclosures, crypto crackdowns and stock-trading regulations drew resistance from Wall Street. Gensler has said he plans to depart on Jan. 20.

“Paul is a proven leader for common sense regulations. He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to ...