SEC enforcement priorities under Trump: Fewer disclosures, less ESG-focused, more crypto
Securities and Exchange Commission (SEC) Chair Gary Gensler will be stepping down from his position on January 20th, coinciding with Donald Trump’s presidential inauguration. His departure marks the end of a tenure filled with significant activity and varying opinions about his performance.
Recently, Gurbir Grewal, who previously led the SEC’s Division of Enforcement for three years, has made a move to join the law firm Milbank as a partner in their New York office. This transition demonstrates the fluid movement of experienced professionals within the industry.
On a related note, Gurbir Grewal himself will be stepping down from his role as the director of the SEC’s Division of Enforcement on October 11th. The SEC has announced that Sanjay Wadhwa, the current deputy director of the division, will be taking over his responsibilities.
These changes in leadership within the SEC highlight the dynamic nature of regulatory agencies and the financial sector. As new faces step into these crucial roles, the industry will continue to adapt and evolve in response to changing circumstances and challenges.
