The chairman of the SEC, Paul Atkins, during an interview this morning on ( 7/2), expressed his views on the sluggish IPO market, private equity tokenization, whether retail investors can invest in private funds and private credit, the phenomenon of SPACs, as well as his opinions on Congress's internal transactions and information disclosure rules. He emphasized that the SEC's goal is to ensure clear regulation for market innovation and to make IPOs mainstream again.
How does Atkins view the trend of private sale tokenization in private equity?
Regarding the tokenized private equity that some operators are starting to allow retail investors to purchase, whether this investment behavior circumvents SEC regulation and falls into a gray area is a topic of discussion. In this regard, Atkins stated:
"I don't think this is a backdoor; rather, it's a form of innovation. The SEC should no longer block market innovation with the approach of 'enforcement instead of rules.' What we need to do now is to clarify the rules and let everyone know what to do."