TheCorporateCounsel.net

Yesterday, the Senate voted 52-44 to confirm the nomination of Paul Atkins as Chair of the SEC. Chair Atkins was approved to serve for the remainder of Gary Gensler’s term, which expires June 5th, 2026. SEC Commissioners can serve for up to 18 months past the expiration of their term, and then the Senate has to vote again on reappointment for a subsequent 5-year term.

Chair Atkins will be overseeing a Staff that has hit the ground running on capital formation priorities – despite thinner ranks. The three other current Commissioners issued this statement to welcome Chair Atkins back to the SEC.

– Liz Dunshee