SEC Chair Dismisses CFTC Merger Rumors, Emphasizes Collaborative Approach to Crypto Regulation
SEC Chair Paul Atkins has publicly denied speculation about a potential merger with the Commodity Futures Trading Commission (CFTC), stating both agencies are instead focusing on coordinated oversight of digital assets. "We're working hand in glove with the CFTC right now," Atkins declared during a September 23 appearance on Mornings with Maria, emphasizing compartmentalization over consolidation.
The regulatory chief acknowledged ongoing joint efforts to address cryptocurrency market challenges, suggesting American investors stand to benefit from this collaborative approach. This coordination comes as both agencies prepare for a pivotal joint roundtable discussion scheduled for next Monday, where crypto regulation is expected to feature prominently.
