SEC Commissioner Pierce: Regulation needs clarification... SEC to work with new Chairman Atkins to overhaul

Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has announced that she will be joining the newly appointed Commissioner Paul Atkins.
On the 22nd (local time), Hester, who heads the SEC's cryptocurrency task force, gave a teaser of the direction the SEC will take under Chairman Atkins.
In an interview with the media before Atkins was officially appointed SEC Chairman, Commissioner Peers said that he had worked with Atkins from 2004 to 2008 when he was a SEC Commissioner.
"He places great importance on economic growth and how the markets that the SEC regulates can contribute to that growth," he said. "I hope that this opportunity will help us move in a direction that takes into account the SEC's overall mission."
"I look forward to being able to realign the committee and the SEC," he said. Atkins was appointed by U.S. President Donald Trump to replace his predecessor, Gary Gensler, and is a cryptocurrency expert.
On the other hand, during a Senate Banking Committee hearing, Atkins' ties to the cryptocurrency industry were cited as a potential conflict of interest.
In response, Piers said, "I expect him to adhere closely to the Code of Ethics," adding, "I've worked with him and have a very high opinion of his integrity."
The SEC is typically made up of five commissioners, but currently it has just four, including Atkins.
Former Commissioner Lizárraga retired in January, and Commissioner Caroline Crenshaw is expected to retire before 2026.
If President Donald Trump does not appoint a Democratic member, the committee will remain with three Republicans. Under Gensler, the SEC has been involved in the investigation of Coinbase, Ripple, and other companies.
The SEC has been criticized for "regulation by enforcement," including charges related to SEC Labs, Binance, and others. However, since January of this year, the SEC has withdrawn a number of cryptocurrency-related lawsuits.
"We all want better direction, and that is ensuring regulatory clarity for crypto assets," said Piers.
That is it," he emphasized.