TD Cowen: "US SEC, Majority Republican Members... Atkins' Crypto Policy Likely to Proceed Smoothly"

With most appointments to the U.S. Securities and Exchange Commission (SEC) being Republicans, it seems there will be no issues in implementing the crypto-friendly policies of the next commissioner, Paul Atkins.

According to The Block on the 16th (local time), TD Cowen reported that "most of the SEC chair and commissioner positions next year will be held by U.S. Republicans," and "Paul Atkins, the nominee for SEC chair, is expected to advance his crypto policies quickly."

The report also explained, "Once current SEC Chair Gary Gensler and Democratic SEC commissioners step down, Caroline Crenshaw will be the only Democrat left. With insufficient power to check the Republican commissioners, there will be no obstacles to advancing Atkins' policies."