Gurbir Grewal, Director of Enforcement for the U.S. Securities and Exchange Commission (SEC), will leave his position on October 11, according to a press release issued today.
Gurbir Grewal, the SEC Official Who Imposed Numerous Sanctions on the Cryptocurrency Industry, is Leaving His Office
Grewal, who has been in this position for three years, will be replaced by his deputy, Sanjay Wadhwa, as acting director of the enforcement department. Sam Waldon, currently the department’s general counsel, will be appointed acting director.
SEC Chairman Gary Gensler praised Grewal’s contributions, saying, “We are extremely fortunate to have such an accomplished public official come to the SEC and lead the Enforcement Division. “He worked every day to protect investors and ensure compliance with our securities laws.”
During his tenure, Grewal oversaw more than 2,400 enforcement actions, resulting in over $20 billion in damages and civil penalties. The SEC also awarded over $1 billion to whistleblowers under his leadership.
Grewal in the press release crypto para Its key role in the implementation of relevant regulations was emphasized. The SEC praised him for overseeing more than 100 enforcement actions in the rapidly expanding cryptocurrency sector, including actions against major global crypto trading platforms for failing to comply with federal securities laws.
In the weeks before his departure, the SEC was particularly active in the crypto space, announcing enforcement actions against eToro, Mango Markets and Galois Capital.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/kripto-para-dunyasinin-korkulu-ruyasi-sec-yetkilisinden-sevindiren-haber-geldi/
