Who is Paul Atkins, who assumed the presidency of SEC after Gary Gensler’s controversial management of cryptocurrencies

Paul S. Atkins took office last Monday (21) as the 34th Chairman of the United States Securities Commission (SEC), in a ceremony held in Washington. Atkins replaces the former chief of the agency, Gary Genslerwhose management was marked by several controversies, especially in relation to the cryptocurrency.

At 67, Atkins was appointed by the president Donald Trump in January 2025 and confirmed by the US Senate in April of the same year. He returns to SEC after more than 15 years after leaving the organ.

“It is an honor to receive the confidence of President Trump and the Senate to lead the SEC,” Atkins said in his inaugural speech. The new president promised to work with other agency commissioners and professionals to “facilitate capital formation, keep fair and efficient markets, and protect investors.”

Between 2002 and 2008, he served as a commissioner during the administration of George W. Bush, when he was known for defending greater transparency and the use of cost-effective analysis in regulatory decisions.

Paul Atkins and the SEC

Before returning to SEC, Atkins acted as CEO of Patomak Global Partnersthe company that founded in 2009. He also led initiatives to develop best practices for the digital asset sector and has held leadership positions in other financial market organizations.

Atkins is known for its most flexible posture in relation to excessive regulations, especially in relation to the cryptocurrency market – a sector in which it has been active to foster innovation and more flexible regulatory practices.

Its appointment is seen as a break with the previous management of SEC under Gensler, which adopted a more rigorous and restrictive stance, especially against crypto companies.