Security Traders Association Voices Support for Paul Atkins as SEC Chair
Support from the Security Traders Association for Paul Atkins' Nomination
On December 6, 2024, the Security Traders Association (STA) President and CEO, Jim Toes, provided remarks concerning the nomination of Paul Atkins as the next Chairman of the Securities and Exchange Commission (SEC). This announcement arrived at a crucial time for the nation’s economy and the financial services industry at large.
Toes emphasized that Atkins' nomination reflects a commitment to strong and balanced leadership. He stated, "This appointment signals a critical step towards enhancing our nation's economic well-being." In his remarks, Toes praised Atkins for understanding the delicate balance necessary in his role—in ensuring the protection of investors while still fostering an environment for capital markets to thrive.
Atkins previously served as a Commissioner at the SEC during significant periods in the agency’s history and has proven to be a well-respected figure in capital market discussions. His ability to offer informed perspectives regarding the intertwining of regulation, investor protection, and economic growth positions him as a suitable candidate to lead the SEC amid challenging times.
STA looks forward to collaborating closely with Atkins and the SEC Commissioners to maintain an equitable, orderly, and efficient capital market. They aim to facilitate capital formation for businesses of all sizes, fostering an environment conducive to growth and innovation.
The STA, recognized for its bipartisan approach, is an organization committed to serving professionals in the financial services sector. Comprising over 15 affiliate organizations across the United States and Canada, it advocates for its members while representing their interests with policymakers and regulatory bodies. The phrase