- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Ian Sherr2024-11-21T20:09:00
Securities and Exchange Commission (SEC) Chair Gary Gensler said will step down from his position as the top U.S. regulator of Wall Street when Donald Trump is sworn in as president on Jan. 20, ending weeks of speculation about his future.
In a statement Thursday, Gensler said he would step down at noon on Jan. 20, 2025. Gensler’s move will close a tenure that began more than three years ago in the aftermath of the meme stock market battle between retail investors and hedge funds around the share price of retailer GameStop.
Gensler had presided over a combative period for the agency, including high-profile efforts to reform company stock buybacks and fund fee disclosures, both of which courts ultimately overturned. The SEC also lost a legal battle around cryptocurrency trading, leading the agency to approve spot bitcoin ETFs earlier this year.
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2024-12-04T20:36:00Z By Aly McDevitt
President-elect Donald Trump appeared to strengthen his ties to the crypto industry when he nominated a popular crypto advocate, Patomak Global Partners founder Paul Atkins, to be the next chairman of the Securities and Exchange Commission.
2024-11-25T18:30:00Z By Aaron Nicodemus
Change is likely coming to the Securities and Exchange Commission’s enforcement priorities with the pending handover of the White House to Republican President-elect Donald Trump. Adjust your compliance priorities accordingly.
2024-11-22T14:17:00Z By Adrianne Appel
Dr. Mehmet Oz, President-elect Donald Trump’s pick to lead the Centers for Medicare and Medicaid Services, has a mandate from Trump to “take on the illness industrial complex” and to cut costs.
2025-05-22T15:46:00Z By Adrianne Appel
The Securities and Exchange Commission has charged cryptocurrency company Unicoin, three top executives, and its general counsel with defrauding investors of $110 million by selling them bogus “rights certificates” in a future cryptocurrency coin.
2025-05-21T14:11:00Z By Aaron Nicodemus
Securities and Exchange Commission Chair Paul Atkins indicated he favors changing the agency’s requirement that only the wealthy can invest in so-called “closed-end” private equity funds and hedge funds.
2025-05-19T14:33:00Z By Adrianne Appel
The Department of Justice (DOJ) has shuttered a special Federal Bureau of Investigation (FBI) unit that focused on public corruption and whose legwork led to the special counsel investigation of President Donald Trump for trying to overturn the 2020 election results.
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