Overview

• Paul Atkins, President Trump's nominee for SEC chair, has disclosed personal and family assets exceeding $328 million, with an upper estimate of $588.8 million.
• Atkins has pledged to divest from his consulting firm, Patomak Global Partners, valued between $25 million and $50 million, within 90 days of confirmation.
• Senator Elizabeth Warren has raised concerns about Atkins' financial ties, including his firm's role as a creditor in FTX's bankruptcy, and requested a four-year lobbying ban post-tenure.
• Ethics filings reveal Atkins' investments and compensation from major corporations like Bank of America, Exxon Mobil, and Barclays, sparking conflict-of-interest concerns.
• Atkins' confirmation hearing on Thursday will address his regulatory philosophy, particularly his pro-industry stance and its implications for SEC oversight of cryptocurrency and financial markets.