The U.S. SEC Chairman has proposed a series of regulatory reforms aimed at reducing burdens and enhancing market efficiency. Speaking before the House Financial Services Committee, he outlined initiatives to streamline IPO disclosures, depoliticize shareholder meeting agendas, and introduce alternative dispute resolution for public companies. Highlighting the outdated federal framework for crypto assets, the Chairman urged Congress to pass the CLARITY Act and announced collaboration with the CFTC on "Project Crypto" to establish a token classification and transaction exemption framework. Additionally, the SEC is reviewing systems like the Consolidated Audit Trail to cut costs and improve cross-border enforcement against market manipulation and fraud.