The Securities and Exchange Commission’s Enforcement Director Gurbir S. Grewal is leaving the agency on Oct. 11, according to a Wednesday announcement. 

Grewal led the SEC’s Division of Enforcement for the last three years. Under him, the SEC pursued over 2,400 enforcement matters resulting in orders for more than $20 billion in disgorgement, prejudgment interest, and civil penalties. 

“He has led a Division that has acted without fear or favor, following the facts and the law wherever they may lead. I greatly enjoyed working with him and wish him well,” SEC Chair, Gary Gensler said. 

Sanjay Wadhwa, the Division’s Deputy Director, has been appointed to take up the role of Acting Director as Grewal leaves. 

This is a developing story

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed