SEC Chairman: The SEC should allow settlement entities to submit settlement proposals for enforcement actions and related exemption requests simultaneously.

[SEC Chairman: The SEC should allow settlement entities to submit settlement proposals regarding enforcement actions and related exemption requests simultaneously] Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), released a statement regarding the committee's consideration of settlement proposals and related exemption requests simultaneously. Atkins believes that one area in urgent need of change is how the committee evaluates settlement proposals in enforcement actions that are accompanied by requests for automatic disqualification exemptions proposed by the committee, as well as other collateral consequences resulting from related enforcement actions. After consulting with the law enforcement department, the company’s finance department, and the investment management department, I believe we should restore the committee's past practice: allowing the settlement parties to submit settlement proposals for enforcement actions and related waiver requests simultaneously. This beneficial practice not only promotes fairness but also saves the committee's resources, yet it was unfortunately changed by the previous administration. This approach will enhance the efficiency and certainty of the settlement process, avoiding isolated internal deliberations on matters, which are key factors in achieving a comprehensive settlement that aligns with the best interests of investors. This morning's report stated that Paul Atkins responded to the issue of conflicts of interest in the cryptocurrency field at a Georgetown University conference. Atkins stated that the SEC "will enforce when necessary" and revealed plans to launch an "innovation exemption" policy by the end of the year to accelerate the marketization process of on-chain products and services.