SEC enforcement priorities under Trump: Fewer disclosures, less ESG-focused, more crypto
After several years in the role, the Securities and Exchange Commission (SEC) Chair Gary Gensler announced his resignation, effective on January 20. Gensler’s tenure has been marked by its activity and controversial moments. The announcement comes as Donald Trump prepares to assume the presidency, putting an end to speculation about Gensler’s future plans.
Following his departure from the SEC, Gurbir Grewal, the former head of the SEC’s Division of Enforcement, has joined the prominent law firm Milbank as a partner in their New York office. Grewal brings years of experience and expertise to his new role, having previously served in a key enforcement position at the SEC.
In light of Grewal’s departure, Sanjay Wadhwa, the current Deputy Director of the SEC’s Division of Enforcement, will step up to take on the role of Director upon Grewal’s departure on October 11. Wadhwa’s promotion reflects the SEC’s commitment to maintaining strong leadership and continuity within its enforcement division.
