Paul Atkins

Wall Street’s internal trading channel could reopen On October 9, 2026, the Securities and Exchange Commission under Chairman Paul S. Atkins proposed amendments to Rule 17a-7 under the Investment Company Act of 1940. Release No. IC-36358 would restore cross-trading eligibility for much of the fixed-income market, reversing a restriction that followed the 2020 fund valuation rule. This is a proposal, not an operative exemption. The SEC’s announcement makes implementation contingent on further rulemaking. ...

America’s crypto market can receive a friendlier regulatory interpretation without receiving a durable market structure. That distinction explains why Representative French Hill, the Arkansas Republican who chairs the House Financial Services Committee, is still pressing for the CLARITY Act despite an active SEC and CFTC. According to reporting on his television remarks, Hill argued that the agencies’ efforts under existing authority cannot replace a permanent legislative foundation. His argument concerns both the reach of regulation and its staying power. Bitcoin.com’s report on Hill’s legislative push ...

A year after Bitcoin’s October 6, 2025 peak of $126,080, it was trading near $85,000, roughly 32% lower; US spot Bitcoin ETFs lost $89.9 million on October 5. Cointelegraph Washington, meanwhile, is reconsidering who gets through a different door: private markets. On September 30, the SEC asked whether ordinary Americans should gain another entry route, potentially through an exam costing about $100. Behind that door sit private token sales and crypto funds. Who qualifies today, what would the new test require, and which crypto opportunities would it actually unlock? ...

Your Bitcoin exposure can look solid on a screen while leaving one uncomfortable question unanswered: who actually holds the assets? With BTC near $84,700, the SEC has put that question at the center of a proposal that could reshape how American advisers and funds handle crypto. The SEC Wants a Clearer Route Into Crypto Custody On Thursday, October 1, 2026, the SEC proposed changes to custody rules under the Investment Advisers Act of 1940 and the Investment Company Act of 1940. The objective is a compliant pathway for investment advisers and regulated funds holding crypto assets. ...

The SEC adopted its new quorum rule on September 30, 2026, just before Hester Peirce’s October 2 departure. The amendment explicitly permits one eligible commissioner to constitute the Commission’s quorum when disqualifications leave only that person. It takes effect upon Federal Register publication; adoption alone does not establish that publication has occurred. SEC final rule. After Peirce leaves, Paul Atkins and Mark Uyeda will occupy the SEC’s two remaining filled seats. Their agreement can keep crypto rulemaking moving, while disagreement can block action. The immediate test is the pending Regulation Crypto Assets proposal, whose comment period ends October 20. Commission staffing; SEC proposal. ...

Somewhere between Friday’s close and this morning, Bitcoin did something both quiet and loud at the same time: it stayed up. No fireworks, no fresh flush — just a market that took the most hawkish US jobs surprise of the year, absorbed a $757 million liquidation cascade and a dip below $79,000, and converted all of it into a third consecutive green weekly close with a high at $82,272 we haven’t seen since May 11. Weekends are when the unprepared panic over noise and the prepared finalize their plans. Nine days from now, the US Senate votes on the CLARITY Act — and if you’re not positioned before that gavel falls, you’ll watch 2026’s biggest repricing from the wrong side of the window, again. ...