Odaily Planet Daily News: Chairman Paul S. Atkins of the U.S. Securities and Exchange Commission testified before the House Financial Services Committee on Wednesday, outlining his key focus areas and emphasizing that the SEC will continue to prioritize protecting investors, maintaining fair and efficient markets, and promoting capital formation. At the same time, the SEC aims to balance regulation between traditional markets and digital assets, including:
-
Reducing corporate compliance costs: Highlighting that publicly traded companies spend up to $2.7 billion annually on annual report disclosures, emphasizing the need to streamline, modernize, and focus on substantive information to make disclosures more useful and easier to understand.
-
Supporting IPOs and capital formation: Proposing three major initiatives—disclosure centered on substantive information, depoliticizing shareholder meetings, and providing companies with alternative litigation options—to encourage innovation and protect investors.
-
Promoting digital asset regulation: The SEC is collaborating with the CFTC on Project Crypto to develop a token classification system and provide clear regulatory guidance, while considering exemptions for on-chain transactions and activities. The SEC supports Congress in advancing the CLARITY Act to establish a federal framework for the crypto market.
-
Reviewing traditional regulatory tools: Conducting a comprehensive review of the Consolidated Audit Trail (CAT) system and has taken measures to cut annual costs by approximately $92 million.
-
Strengthening investor protection and enforcement: Returning to core mission, focusing on combating fraud, insider trading, financial misconduct, and cross-border manipulation. Additionally, establishing a cross-border enforcement task force and suspending trading of stocks from several Asia-Pacific issuers to prevent manipulation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Federal Reserve minutes hawkish signal escalates: more officials mention rate hikes—what macro pressures are markets facing?
The Federal Reserve’s March meeting minutes show that “some” officials supported raising interest rates, with hawkish language noticeably upgrading from January’s “several” officials, putting the crypto market under pressure from tighter interest-rate expectations.
InstantTrends1h ago
Market expectations: U.S. February PCE data shows inflation is still high, and the Fed may keep interest rates unchanged in April
Market expectations are that the U.S. February PCE data will show that inflation pressures remain, with PCE rising to 0.4% month over month and 2.8% year over year. Core PCE is expected to be around 3.0% year over year, above the Federal Reserve’s target. The Federal Reserve may continue to hold the 3.50%-3.75% interest-rate range in April, while rate-cut expectations cool.
GateNews2h ago
Why is Bitcoin down today? The Iran–Israel ceasefire is on the verge of collapse, and the Strait of Hormuz shuts down again
Bitcoin has recently been trading below $72,000 and faces risks from the failure of the U.S.-Iran ceasefire talks and the Strait of Hormuz closing again, which has weighed on market sentiment. At the same time, Federal Reserve meeting minutes show that the likelihood of further rate hikes is rising, further affecting the valuation of risk assets. Bitcoin’s key resistance level is $75,000 and its support level is $68,000; the market is currently waiting for a clear direction confirmation signal.
MarketWhisper7h ago
Federal Reserve meeting minutes: Some participants pushed expectations for when rate cuts would begin further into the future
Gate News update: On April 8, the Federal Reserve meeting minutes (FOMC Minutes) showed that several participants further pushed back their assessment of when rate cuts would happen to a more distant future.
GateNews14h ago
U.S.-Iran Conflict and a Clash Over Federal Reserve Interest Rate Policy: Five Key Takeaways From the March Meeting Minutes
The Federal Reserve’s March meeting minutes will be released tonight, as tensions in the conflict between Iran and the U.S. escalate and the direction of interest rates becomes uncertain. This article will explain the key focus of the minutes, the conditions for rate hikes, and the impact on the crypto market.
InstantTrends19h ago
The Federal Reserve will release the minutes of its March monetary policy meeting at 2:00 a.m. Beijing time on April 9.
Gate News message: On April 8, the Federal Reserve will release the minutes of the March monetary policy meeting at 2:00 a.m. Beijing time on April 9. Against the backdrop of intensifying conflict in the Middle East and an increasingly complex market environment, this document will reveal how Federal Reserve officials assess supply shocks and inflationary pressures, as well as the framework they use to judge the balance of risks.
GateNews23h ago
