“Under my leadership, efforts are well underway to reform the regulatory landscape and Make IPOs Great Again. Every IPO is an invitation to workers and savers to participate in the prosperity of the next generation of American enterprise. https://t.co/bAtWU1T3sn”
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 invites industry input on modifying SEC rules to accommodate vaults and onchain lending innovations.
“We welcome your thoughts on whether we need to modify our rules to accommodate vaults, onchain lending, or other innovations and how we can do so while still ensuring that investors are protected, markets are fair, orderly, and efficient, and capital formation is facilitated.”
Atkins says the agenda includes proposals to transform the disclosure regime to revitalize IPOs.
“This agenda includes a number of proposals critical to realizing that mission by transforming our disclosure regime.”
Atkins says aligning regulations with the court's vacatur reaffirms commitment to sound regulatory principles.
“which bring our regulations into alignment with the Federal court’s vacatur of both the 75% requirement and the independent chair requirement. These amendments are a necessary step to reaffirm our commitment to sound regulatory principles.”
Atkins states updating federal regulations to reflect the 2006 court mandate is long overdue.
“The court’s mandate has been clear since 2006, and updating the Code of Federal Regulations to reflect this outcome is long overdue.”