SEC chair says era of conflict with CFTC is over

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins said on X that the era of jurisdictional disputes, duplicate registrations, and differing regulations between the agency and the Commodity Futures Trading Commission (CFTC) is over. He emphasized that he will work with CFTC Chairman Michael Selig to unify regulatory definitions, coordinate oversight systems, and enhance data sharing to secure regulatory clarity. The two agencies previously signed a memorandum of understanding (MOU) to strengthen cooperation and plan to establish a regulatory framework optimized for new technologies like cryptocurrency as part of a joint policy initiative.