https://www.morningstar.com/markets/what-new-sec-leadership-could-mean-crypto-private-markets-more"We believe that the SEC will be active in three areas under
Atkins’ leadership:
turning back the clock on
cryptocurrency regulation,
democratizing
access to private markets,
making it easier for companies to
stay private.
...
ConclusionIn summary, three things investors should watch for from this new SEC are a step back from the world of digital assets, greater access to private investments for retail investors, and reducing barriers to capital raising in the private markets.
All of these potential changes will have significant implications for investor protection that we will monitor in the coming months and years."