The U.S. Securities and Exchange Commission (SEC) has appointed new senior officials, including two with backgrounds in digital assets.
Brian Daly: Director of the Division of Investment Management
Brian T. Daly has been named Director of the Division of Investment Management starting July 8. He has decades of experience in advising hedge funds and investment firms and has reportedly worked with top law firms. He expresses optimism about a new direction with SEC Chairman Atkins stating, 'I am optimistic about this new day at the SEC and eager to get to work.'
Kurt Hohl: New Chief Accountant of the SEC
Kurt Hohl will start as Chief Accountant on July 7. He returns to the SEC after decades as a public accountant and is known for authoring the original Financial Reporting Manual. His role focuses on enhancing clarity in financial statements.
Jamie Selway: Head of the Division of Trading and Markets
Jamie Selway, who has a strong background in finance and digital assets, will lead the Division of Trading and Markets starting June 17. He previously worked at Blockchain and expressed support for Chairman Atkins, stating, 'Chairman Atkins is bringing about a new day at the SEC.'
The new leadership under Chairman Paul Atkins is reshaping the SEC's approach to digital assets. The agency has shown a willingness to engage with the industry by pausing several lawsuits against crypto companies.