Jay Dubow, a partner in Troutman Pepper’s White Collar + Government Investigations Practice Group, was quoted in the December 20, 2024 FundFire article, “Trump Nominee for SEC Chair May Slow Rulemaking, Enforcement.”

Gensler “pushed the envelope” in his approach to rulemaking in ways that were “controversial,” such as the agency’s adoption of a sweeping private funds rule and a climate disclosure rule for public companies, Jay Dubow, a partner at Troutman Pepper and former branch chief in the SEC’s enforcement division, said earlier this month.

“You’re not going see that now [with Atkins],” he said.

The SEC will likely assess whether it will continue to defend those regulations under Atkins, a vocal critic of the climate rule, Dubow said.

“If those go against the policy of an incoming new chairman, [the SEC] may very well decide to withdraw those appeals or not make such appeals,” he said.

Gensler was known for regulating “by enforcement,” Dubow said. Under Atkins, however, SEC exams may focus on providing guidance and issuing fewer enforcement referrals, per Iron Road.

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