U.S. Securities and Exchange Commission Chair Gary Gensler. Photo: Samuel Corum/BloombergSEC Chair Gary Gensler to Resign on Trump's Inauguration Day
Gensler made a regulatory choice on the crypto industry that was characteristic of a heated classic debate in administrative law: the degree that you want to consult with the industry in your enforcement, said Dorothy Lund, a leading expert on securities regulation.
November 21, 2024 at 03:03 PM
3 minute read
Gary Gensler said Thursday that he will step down as chair of the U.S. Securities and Exchange Commission on Jan. 20, the day President-elect Donald Trump takes office.
In a statement, Gensler highlighted that the staff at the SEC are deeply mission-driven and focused on protecting investors, facilitating capital formation and ensuring that the markets work for investors and issuers alike.
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