Prospective SEC chair discloses up to $327M assets with his wife

Quick Summary:

If confirmed as an SEC commissioner, Atkins stated he would resign as CEO of Patomak and divest his membership interest, as well as divest his stock options at Securitize. The financial disclosure was made public before Atkins was scheduled to answer questions from US lawmakers in the Senate Banking Committee on March 27 for his nomination as an SEC commissioner.

According to a financial disclosure report made public by the US Office of Government Ethics on March 25, Atkins and his spouse, Sarah Humphreys, held up to a combined $327 million worth of assets, in part through their respective stakes in the prospective SEC chair’s consulting firm Patomak Global Partners and Tamko Building Products.

Massachusetts Senator Elizabeth Warren, ranking member on the committee, called on Atkins to be prepared to answer questions related to his “deep involvement with FTX and other high-paying crypto clients.”Related: What to expect at Paul Atkins’ SEC confirmation hearingAtkins could also have some Republican allies on the committee and face some softball questions during his hearing.

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Article Details

Author / Journalist: Cointelegraph by Turner Wright

Category: Crypto

Markets: United States

Topics: Questions Senate Atkins Scheduled Banking Commissioner Committee Crypto Million Financial March

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 18:24:18 (21 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © Coin Telegraph

News ID: 27334880

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