Paul Atkins, the nominee for SEC Chair, recently testified before the Senate Banking Committee in a hearing that covered how he could reshape the agency’s priorities. The alert below examines Atkins’ testimony on issues affecting the funds industry, including the rulemaking agenda, disclosure practices, cryptocurrency, and other key issues. We also explore how his confirmation might influence the SEC’s approach to capital formation and enforcement, signaling a possible shift in how the agency regulates and oversees financial markets.