· Paul S. Atkins · U.S. Securities and Exchange Commission WikiKeynote Address at AFME’s Annual Financial Services Policy Dinner
Read full speech on sec.gov ↗ContextSpeech by Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission.
Why it mattersSpeaking to European bankers, the SEC Chair raises funding problems at international accounting standard setters.
Problems raised
- International accounting standard setters face funding pressure.
- Their independence and stability are threatened.
- Market infrastructure must modernise.
Solutions proposed
- Work with other authorities to secure standard setting.
- Pilot tokenised issuance, trading and settlement under oversight.
- Keep investor protection while innovating.