Washington: President-elect Donald Trump has announced that he has nominated Paul Atkins, a former commissioner of the US Securities and Exchange Commission (SEC), to be the agency’s chairman. Atkins, the CEO, and founder of Patomak Global Partners, a risk management consultancy, served as an SEC commissioner from 2002-2008 under President George W. Bush as reported by Xinhua news agency. The SEC has five commissioners, one of whom is designated as chairman by the President. The President nominates all five commissioners, and their appointments must be approved by the Senate. Founded in 1934 at the height of the Great Depression, the SEC’s mission is to protect investors, maintain fair, ord
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