Potential SEC Chair and His Reluctance

Former SEC Commissioner Paul Atkins has been offered the position of SEC chair by the Trump transition team, although he appears hesitant to accept it. Sources indicate that Atkins finds the role unattractive due to the significant challenges associated with addressing the agency's mismanagement under outgoing chair Gary Gensler. His reluctance is compounded by his commitment to his regulatory and risk advisory firm, Potomac Global Partners, which he prefers to solidify before resigning. This situation reflects a broader concern regarding the expectations placed upon the next SEC chair to navigate a complex regulatory landscape while implementing meaningful reforms.