Gary Gensler Plans to Step Down From SEC in January
- Gensler departure to leave SEC in hands of an acting chair
- Gensler pursued crypto fraudsters, stock-trading overhaul
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SEC Chair Gary Gensler, whose ambitious agenda drew fierce resistance from Wall Street and the crypto industry, plans to step down on Jan. 20.
“The Securities and Exchange Commission is a remarkable agency,” Gensler said in a statement on Thursday. “The staff and the commission are deeply mission-driven, focused on protecting investors, facilitating capital formation and ensuring that the markets work for investors and issuers alike.”