At the futures industry conference in Boca Raton, SEC Commissioner Paul Atkins outlined new initiatives for regulatory harmonization between the SEC and CFTC. Atkins declared an end to "duplicative enforcement actions," advocating for coordinated legal approaches and remedies. He proposed "substituted compliance," allowing one agency's framework to satisfy the other's overlapping requirements, aiming to reduce duplication for dual-registered companies. The SEC will launch a harmonization webpage for firms to request joint discussions with both agencies. Additionally, joint meetings on product applications will be held to expedite approvals. Atkins also called for clarity on prediction markets and highlighted cross-margining to unlock liquidity across derivatives markets. An updated Memorandum of Understanding is in progress to coordinate exams and enforcement. Atkins emphasized that this coordination does not imply a merger of the agencies.