TD Cowen: The US SEC will enter a critical 12-month regulatory period; Atkins chairman will lead the development of crypto rules.

According to Odaily Planet Daily, analysts at investment bank TD Cowen pointed out that with the federal government resuming operations, the U.S. Securities and Exchange Commission (SEC) will face a critical period in the next 12 months as the agency works on developing regulatory rules for the cryptocurrency industry.

A report from TD Cowen's Washington research team, led by Jaret Seiberg, stated that market focus has shifted to SEC Chairman Paul Atkins' policy agenda following the longest government shutdown. "The SEC will enter the most important 12 months of Chairman Atkins' tenure after the government reopens, and his deregulation agenda will enter a substantial phase," Seiberg said on Monday.