Chair of the U.S. SEC: In the past year, has promoted a modernized regulatory framework, clarifying the jurisdiction boundaries between the SEC and CFTC

Golden Finance reports that on April 22, U.S. SEC Chairman Paul Atkins stated that during his one-year tenure, the SEC has proposed a set of strategies to promote a modernized regulatory framework, clarify jurisdiction boundaries, and reform regulatory rules. These include laying the foundation for “making the U.S. a global cryptocurrency hub,” maintaining market integrity and protecting American investors, and advancing modernization of capital market regulation; at the same time, pushing to end the long-standing jurisdiction dispute between the SEC and CFTC, and expanding Project Crypto. He also said that the SEC is promoting reform of IPO rules, returning to the “materiality” principle, and ending the practice of “enforcement replacing regulation.”