Mark Uyeda Becomes Acting Chair of the SEC
- Commissioner Mark Uyeda is appointed as acting chair of the U.S. Securities and Exchange Commission (SEC).
- Uyeda supports relaxing regulations on the crypto industry, opposing measures like Staff Accounting Bulletin 121.
- Former Chair Gary Gensler resigned on January 20, coinciding with President Trump’s inauguration.
- The SEC’s current composition includes two Republican commissioners and one Democrat.
- Paul Atkins has been nominated for the permanent chair position, awaiting Senate confirmation.
Mark Uyeda has taken over as acting chair of the SEC following Gary Gensler’s resignation. With a focus on easing crypto regulations, Uyeda’s leadership comes as Paul Atkins awaits Senate confirmation for the permanent role. The commission currently holds a Republican majority.
Source (2.6)https://www.coindesk.com/policy/2025/01/20/it-s-official-gary-gensler-is-out-at-the-sec-and-crypto-friendly-mark-uyeda-is-in?rand=52298
