What is the new SEC driving that it can mean for encryption, …

He has The opening statement In his confirmation session, Atkins stressed the need for a clear, effective and non -political organization, especially with regard to digital origins, through a “rational, coherent and principled approach”. Atkins also criticized stressful rules that hindered investment and pledged to focus on promoting innovation and market trust.

We believe that the Supreme Education Council will be active in three areas under the leadership of Atkins:

• Return around the clock to organize the encrypted currency,
• Democratic character’s access to private markets,
• Which makes it easier for companies to remain special.

Let’s take a look at what can be expected in each of these areas.

Return back around the clock on encryption

Since the start of President Donald Trump’s second term, the Securities and Stock Exchange has dropped it in more than six cases against large names in the cryptocurrency such as Coinbase currencyCracks krknfAnd Robinhood Cabbot.

He settled with others, such as Ripple (XRP). SEC A released statement Announcing that Stablecoins associated with a currency like the US dollar is “Stablecoins”, and in this way, it does not involve the offer and sale of securities. So the covered stablecoins is located outside the SEC judicial term, as it is designed to maintain a stable value for the currency. Former SEC Gencoins former SEC president looked at Stablecoins as a threat to financial stability, investor protection and compliance with anti -laundering regulations. He has viewThe vast majority of encrypted currencies, including the algorithm stablecoins, are securities and decrease under SEC, with non -security stablecoins under the commodity futures trading committee.

In contrast, it appears that the Supreme Education Council is doing a job on digital assets, and separates itself from the judicial jurisdiction, except when the product falls into a clear safety structure, such as a ETF encryption.

Democratic characteristics access to private assets

SEC leadership spoke about increasing access to Private investments For individuals. In particular, it can increase access through changes to the definition of the accredited investor to expand the base of accredited investors.

In the Supreme Council for the last education The forty -fourth annual business forumCommissioner Mark Oida asked whether the approach of “everything or nothing” in the definition was reasonable and suggested that perhaps individuals should be allowed to invest a small amount every year in private companies. Such an approach will be closer to how regulations are currently working in the field of group financing.

SEC can also increase access to retailers by agreeing to retail products that contain special investments, such as Bondbloxx private credit credit This is currently in the approval process to be included on the Chicago Board Option Stock Exchange PrivAnd it is Activity trading. You will likely make changes in some or all of these areas, all of which are the areas you are watching.

Enabling companies to stay private

Public markets are largely organized, in addition to compliance burdens, there are many reasons that the company may want to maintain in particular. In 2023, Commissioner Hyster Peres I mentioned“The enhancement of access to private capital is a positive development not only for companies, but for investors. The presence of a strong private market contributes to the health of our economy, and we must not look forward to imposing regulations similar to the public market on private markets.”

In this context, SEC can facilitate private companies regarding reporting and raising the capital through alternative financing paths – for example, by special survival. Uyeda talks about reducing the fees associated with collecting money through group financing.

Pierce expressed increased interest in him List a Offers, especially with regard to encryption, are interested in increasing use of donations. RG A is an attractive way for companies that you want to include in the market, but they want to avoid the public subscription process and stock markets. This registration allows to collect limited donations across OTC markets.

Recording the shelf is another alternative financing path that can allow companies to stay special. The cliff offers are the SEC item that allows companies to register safety for sale without inserting the stock exchange three years before the sale, giving the source a long time to sell shares with a little additional papers.

uyeda He expressed concern The incomplete companies that have a general floating less than $ 75 million are not eligible to use the rack registration data, thus restricting access to capital.

Consequently, there are many ways to help companies raise money without giving them the incentive to reach public markets, and the Supreme Education Council may be active in any or all of these areas.

conclusion

In short, three things that investors should see from this Supreme Council for the New Education are a step back from the world of digital assets, increasing access to private investments for retailers, and reducing barriers that prevent capital in private markets.

All these possible changes will have significant effects on protecting the investors that we will monitor in the coming months and years.

The author or authors do not have shares in any securities mentioned in this article. Learn about Morningstar editing policies.