Robinhood’s Gallagher Drops Out of SEC Chair Consideration
- Gallagher was seen as a contender to replace Chair Gensler
- Robinhood’s top lawyer is a former Republican SEC commissioner
Dan Gallagher
Photographer: Ting Shen/BloombergThis article is for subscribers only.
Dan Gallagher, the top lawyer at Robinhood Markets Inc., has removed himself from consideration to lead the US Securities and Exchange Commission under President-elect Donald Trump.
“I have made it clear that I do not wish to be considered for this position,” Gallagher said in an emailed statement. He added that it’s an honor to have his name “in the mix.”