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President Trump motions to SEC chairman Paul Atkins during Atkins' swearing-in ceremony in the Oval Office at the White House last year. Photo: Chip Somodevilla/Getty Images

The Securities and Exchange Commission on Tuesday proposed two new rules that the agency says will make it easier for companies to go public.

Why it matters: It's the largest overhaul of the IPO rules in 20 years, the agency says, and part of SEC chairman Paul Atkins' push to "make IPOs great again."