SEC Chair Paul Atkins Advocates for Unified Structure encompassing Cryptocurrencies and Securities
In a forward-thinking move, SEC Chair Paul Atkins has proposed a reform that could revolutionise the financial industry. The reform, if implemented, would allow SEC-registered entities to custody and trade both securities and non-securities under a single regulatory umbrella.
However, as of August 2025, there is no current detailed public plan or rule from the SEC explicitly addressing this unified custody and trading regulatory framework for both securities and non-securities under a single umbrella. No SEC filings or official SEC releases in the search timeframe describe these initiatives.
If such a proposal exists or is under development, it has not been broadly disclosed or documented in publicly accessible SEC filings or regulatory advisory updates available in the provided results. It is recommended to monitor official SEC announcements, speeches by SEC Chair Paul Atkins, or SEC rulemaking notices beyond these results for more specific or updated information.
The reform, if realised, would bring non-securities into a more regulated federal structure. Atkins clarified that the views of the staff are not official regulations but can offer useful insights for the public. He also highlighted that this reform could reduce costs for investors.
Atkins thanked Commissioner Hester Peirce, the Crypto Task Force, and Trading and Markets staff for their role in pushing this change forward. In addition, he mentioned the potential future possibility of a "super-app" as a result of this reform, suggesting a more integrated and streamlined financial ecosystem.
Atkins emphasised the importance of addressing these issues to ensure that the public has clear rules of the road. This proposed reform is a significant step towards modernising the financial industry and bridging the gap between traditional securities and emerging non-securities markets.
- The potential "super-app" resulting from the reform, if implemented, could represent a fusion of traditional business, finance, and technology sectors, streamlining processes and possibly reducing costs for investors.
- The reform, aimed at modernizing the financial industry, suggests an integration of non-securities markets within the regulatory scope of securities, thereby bringing these markets under a unified federal structure, combining aspects of technology, business, and finance.
