December 06, 2024

RIABiz Quotes Adrienne Gurley on Incoming SEC Chair, Possible Rule Changes

1 min

On December 6, 2024, RIABiz quoted Adrienne Gurley on the impacts that incoming SEC Chair Paul Atkins may have on companies. According to the article, Atkins’ new rules may allow conservative companies to begin offering spot bitcoin over time, but not in the immediate future.

"It takes time for the proposal, publishing, public comment, the final rule, and adoption of those final rules,” she said. “That process could take anywhere from a few months to a couple of years. So for anyone looking for a quick rule to come through, that is unlikely to happen.”

"The SEC Chair can communicate priorities through its rule-making agenda, press releases, and public statements. In the short term, it’s likely that the unified agenda will be released, signaling Atkins’ priorities,” Gurley explained.  “Given his position on promoting innovation, companies may decide that it's time to ease their own restrictions by offering spot Bitcoin,” she added. “However, it's not an overnight change.”

Click here to access the article.