The White House is reportedly considering Paul Atkins, chair of the Securities and Exchange Commission (SEC), to also chair the Commodity Futures Trading Commission (CFTC) — an unprecedented move that would put Atkins in charge of oversight of a wide range of financial products, including prediction markets.
According to crypto law newsletter Brogan Law, Atkins is the latest candidate to be considered as chair of the CFTC. The report, published Monday, cited “two sources who speak with Atkins regularly,” and said the sources added that Atkins would be “game for the job.”
If appointed to the CFTC role, Atkins would also remain in place atop the SEC, putting him in charge of both of the U.S.’ main financial regulators.
