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Paul Atkins Slams Biden SEC: "It Would Shoot First and Ask Questions Later"
The Securities and Exchange Commission (SEC) is abandoning the hard-line enforcement approach that defined the Biden years, with new Chairman Paul Atkins promising to warn businesses about technical violations before launching major actions against them. Atkins told the Financial Times that the agency will focus on serious fraudsters while giving companies more notice about potential problems. The shift represents a complete reversal from his predecessor Gary Gensler, who built a reputation for aggressive enforcement and hefty fines across Wall Street. "If you lie, cheat or steal your investors and steal their money ... (full story)