We will make sure the next chapter of financial innovation is written right here in America.
Watch highlights from my speech launching Project Crypto at @A1Policy.
I am pleased to see that companies are availing themselves of this option to sell securities publicly following the 20-day statutory waiting period.
For securities buffs: When was the last time an operating company went public using this process?
With yesterday’s listing of MapLight, the IPO market is still open for business – companies are going public during the government shutdown using the method Congress originally intended. sec.gov/Archives/edgar/data/…
Today, we hosted a joint roundtable with @CFTC on regulatory harmonization. I look forward to working with my counterparts across the Administration to ensure the SEC and CFTC operate side by side so that American innovation and investment can thrive. sec.gov/newsroom/speeches-st…
It is time for the SEC to remove its thumb from the scales and allow the market to dictate the optimal reporting frequency based on factors such as the company’s industry, size and investor expectations.
I share more on this thought in my op-ed for @FT: ft.com/content/0f6be08a-fd24…
Thank you to @GUFinPolicy’s Financial Quality Markets Conference yesterday for hosting a discussion about my agenda @SECGov. Under President Trump, we’re going to Make IPOs Great Again, cement the U.S as the crypto capital of the world, and return the agency to its core mission.
Today, I’m joining @GUFinPolicy’s Financial Markets Quality Conference 2025 to discuss my work as Chairman of @SECGov to encourage innovation, support investors, and promote growth in our capital markets.
Tune in at 4:30 p.m. ET: piped.video/live/p5dqovme1UE
Chairman @SECPaulSAtkins joined @MorningsMaria yesterday to discuss several SEC priorities to help strengthen our capital markets and provide new opportunities for investors.
Here are the top takeaways:
Just a reminder, we have a roundtable with the @CFTC on Sept. 29 to focus on building more coherent and competitive US markets. We hope you’ll join us. sec.gov/newsroom/meetings-ev…
I had the pleasure of joining @MorningsMaria today to discuss strengthening our capital markets and working closely with the @CFTC on those efforts. It's important our two agencies work together to provide markets the clarity they deserve. foxbusiness.com/video/637997…
This morning, I joined @SquawkCNBC to discuss strengthening our markets, opening opportunities for investors, and President Trump’s request to further eliminate unnecessary regulatory burdens on companies.
cnbc.com/2025/09/19/sec-to-p…
I had the pleasure of giving remarks at yesterday's Investor Advisory Committee Meeting. Here they are in case you missed it. sec.gov/newsroom/speeches-st…
I suspect the exchanges would have continued to innovate along many of these dimensions. Instead, the Trade-through Rule reduced every consideration to a single characteristic: price.
My full remarks at today’s roundtable on trade-through prohibitions: sec.gov/newsroom/speeches-st…
If left to their own judgment, participants could favor one exchange over another due to speed, the likelihood of execution, or the attributes of various order types.
In practice, however, the rule restricted the price at which investors could trade by mandating execution at or within the National Best Bid and Offer (NBBO). This led the industry to treat price as the only factor when considering “Best Execution.”
The stated purpose of the Trade-through Rule was “to increase displayed depth and liquidity in the NMS and thereby reduce transaction costs for a wide spectrum of investors, particularly institutional investors that must trade in larger sizes.”
Trade-through prohibitions is a policy that I have followed closely for several years—and one that I believe very clearly demands a course correction.
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