Atkins characterizes the SEC's new proposal as the most historic step yet to modernize federal securities regulations for crypto assets.
“With our new proposal, the SEC is taking the most historic step yet to modernize federal securities regulations for crypto assets. As the Crypto Capital of the World, the U.S. must and will lead. Regulation Crypto Assets will ensure that we do. 🇺🇸”
Atkins characterizes the SEC's new proposal as the most historic step yet to modernize federal securities regulations for crypto assets.
“With our new proposal, the SEC is taking the most historic step yet to modernize federal securities regulations for crypto assets. As the Crypto Capital of the World, the U.S. must and will lead. Regulation Crypto Assets will ensure that we do. 🇺🇸”
Atkins argues paper-default delivery no longer matches majority investor preferences in the modern era.
“Delivering information via paper unless the investor affirmatively elects otherwise no longer reflects how the majority of investors prefer to receive information.”
Atkins argues the change may create a market structure more aligned with how trading actually occurs today.
“it may also lead to a market structure that is more adaptive, resilient, and better aligned with how trading actually occurs today.”
Atkins says paper delivery should be a relic in the age of AI and blockchain technology.
“In an age of artificial intelligence and blockchain technology, a default to paper delivery should be a relic, not a standard.”
Atkins says the key benefit of e-delivery is enabling technological advances to improve investor engagement.
“A more important consequence of the shift to default e-delivery is facilitating the incorporation of technological advances to improve investor engagement with the information being delivered.”
Atkins frames Regulation E-Delivery as meaningful advancement rather than mere administrative adjustment.
“Regulation E-Delivery is not merely a proposed administrative adjustment; it represents a meaningful advancement toward aligning our rules with the needs of today’s markets.”
Atkins criticizes SEC rules requiring paper versions for inspection and filing multiple copies with the Commission.
“This paper preference shows up in requirements that registrants have paper versions ready for inspection or file multiple paper copies with the Commission.”
Atkins proposes making electronic delivery the default method for investor communications as a key pillar of his agenda.
“By proposing to permit electronic delivery (e-delivery) to become the default method for issuers, market intermediaries, and others to communicate with investors, we are taking another stride toward a regulatory framework suitable for the modern era, a key pillar of my agenda.”