{"id":143012,"date":"2024-11-23T20:00:50","date_gmt":"2024-11-23T18:00:50","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143012"},"modified":"2024-11-23T15:55:52","modified_gmt":"2024-11-23T13:55:52","slug":"robinhoods-legal-chief-no-longer-leading-in-sec-chair-race","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/robinhoods-legal-chief-no-longer-leading-in-sec-chair-race\/","title":{"rendered":"Robinhood&#8217;s Legal Chief No Longer Leading in SEC Chair Race"},"content":{"rendered":"<p>Betting markets had pegged him as a favorite, with Kalshi users giving him a 61% chance of taking the SEC helm. However, his chances have now significantly decreased. Paul Atkins, the CEO of Patomak Global Partners, has emerged as the new frontrunner, with Kalshi users giving him a roughly 60% probability of securing the role.<\/p>\n<p>Fox Business reporter Charles Gasparino recently reported that Atkins is \u201cin the lead position,\u201d citing an anonymous source familiar with the situation. John Reed Stark, a former SEC official, expressed strong support for Atkins, praising him as an excellent choice.<\/p>\n<p>Stark believes that, with his background as a former SEC commissioner, Atkins could bring a more balanced and thoughtful approach to cryptocurrency regulation. Stark noted that Atkins tends to favor free-market principles and is against excessive regulation, which could bode well for the crypto industry.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-142967\" href=\"https:\/\/cryptodnes.bg\/en\/binance-boosts-compliance-team-as-it-strengthens-regulatory-efforts\/\" title=\"Binance Boosts Compliance Team as It Strengthens Regulatory Efforts\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Binance-Coin-BNB-Slips-To-Further-18-While-Bitcoin-Enjoys-Momentum-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Binance Boosts Compliance Team as It Strengthens Regulatory Efforts<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Meanwhile, Robert Stebbins, former SEC General Counsel, has faced significant backlash within the crypto community. Ripple CEO Brad Garlinghouse called his potential nomination \u201cunconscionable.\u201d The current SEC Chair, Gary Gensler, is set to leave the agency on January 20, and SEC Commissioner Jaime Liz\u00e1rraga, who opposed several Bitcoin ETF proposals, is also expected to step down in January.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dan Gallagher, Robinhood&#8217;s Chief Legal Officer, who was once considered the top contender to lead the U.S. Securities and Exchange Commission (SEC), is no longer in the running.<\/p>\n","protected":false},"author":9,"featured_media":37516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[72,424,294],"coin_category":[],"class_list":["post-143012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-bitcoin","tag-crypto","tag-etf"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Robinhood&#039;s Legal Chief No Longer Leading in SEC Chair Race<\/title>\n<meta name=\"description\" content=\"Dan Gallagher, Robinhood&#039;s Chief Legal Officer, who was once considered the top contender to lead the U.S. Securities and Exchange ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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