Sources: Trump’s nominee for SEC chairman Paul Atkins is unwilling to accept the position

ChainCatcher news, according to CoinDesk, Paul Atkins is the preferred candidate for SEC chairman by elected President Donald Trump, but accepting this position requires many factors to align. A person familiar with Atkins' thoughts indicated that the role is not appealing to Atkins, as he believes it would require a significant amount of work to reverse the mismanagement of the bloated agency under Gary Gensler, and Atkins is reluctant to leave his global consulting firm.

Atkins is a former SEC commissioner and was seen this week at Trump's resort, according to an industry insider. He is scheduled to interview for the SEC chairman position on Sunday and Monday, another person familiar with the meetings stated.

It is reported that Atkins is the founder and CEO of Patomak Global Partners, a global consulting firm focused on strategy, risk management, and regulatory compliance. Patomak serves cryptocurrency companies, but they are just part of its diversified business, which also includes traditional financial clients, publicly traded companies, industry associations, law firms, banks, and insurance companies. Before founding Patomak, Atkins served as a commissioner of the SEC from 2002 to 2008, appointed by former U.S. President Bush. During his tenure at the SEC, Mark Uyeda and Hester Pierce worked under Atkins, the latter of whom also became an SEC commissioner.