Mars Financial News: Paul Atkins, nominated by Trump as the Chairman of the U.S. Securities and Exchange Commission, will attend a confirmation hearing before the Senate Banking, Housing, and Urban Affairs Committee on Thursday morning. In his prepared remarks, Paul Atkins stated: "The current regulatory environment of the U.S. financial system hinders investment and often punishes successful individuals. Unclear, overly complex, and cumbersome regulations are stifling capital formation, while U.S. investors are overwhelmed by extensive disclosures that do not help them understand the true risks of investments. It is time to reset priorities and restore common sense to the SEC." Additionally, Paul Atkins is expected to discuss how to regulate the cryptocurrency industry, which he says will be his top priority as Chairman of the U.S. Securities and Exchange Commission. (CNBC)