Gensler to Exit SEC as Trump Considers Crypto Advocate for Leadership

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Source: SEC.gov
TL;DR Summary

Gary Gensler, the 33rd Chair of the U.S. Securities and Exchange Commission (SEC), will step down on January 20, 2025. During his tenure, Gensler implemented significant reforms to enhance the efficiency, resiliency, and integrity of U.S. capital markets, including updates to the Treasury and equity markets, corporate governance, and disclosure rules. He also led high-impact enforcement actions, returning billions to harmed investors. Gensler's leadership saw the SEC tackle issues in the crypto markets and improve transparency and accountability in financial reporting and auditing.

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