· Paul S. Atkins · U.S. Securities and Exchange Commission WikiRemarks at the Investor Advisory Committee Meeting
Read full speech on sec.gov ↗ContextSpeech by Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission.
Why it mattersThe SEC Chair floats a time-limited exemption for blockchain-based trading models.
Problems raised
- US firms need to use new market technology.
- On-chain models lack a framework.
- AI creates new disclosure questions.
Solutions proposed
- Consider a limited, time-bound exemption for on-chain models.
- Involve issuers in new systems.
- Rely on principles-based rules for AI disclosures.