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SEC Chair Paul Atkins Unveils Drive to Revive U.S. IPOs on European Tour

He frames lighter rules as the cure for a shrinking pool of public companies.

Overview

  • In Frankfurt, Atkins said it is no longer cool to go public and pledged to cut regulatory complexity and costs that he says deter listings.
  • He rejected doubts about his independence as a Trump confidant, saying he took the role to tackle needed work and does not feel compromised.
  • On stops in Paris and Frankfurt, he met ECB President Christine Lagarde and discussed cooperation on capital markets and financial stability.
  • He signaled openness to cryptocurrencies, a posture reflected in reporting that notes Bitcoin’s strong run since Trump’s election.
  • Atkins was sworn in as SEC chair in April, succeeding Gary Gensler after U.S. media anticipated a less stringent regulatory approach.