Sanjay Wadhwa, the current Deputy Director, will become Acting Director.
The securities regulator also named Chief Counsel Sam Waldon as the Acting Deputy Director.
Gurbir Grewal, the Director of the Securities and Exchange
Commission’s (SEC) Division of Enforcement, is leaving the agency. His departure marks the end of a three-year tenure marked by significant enforcement
actions. Deputy
Director Sanjay Wadhwa will take over as Acting Director, with Chief Counsel
Sam Waldon stepping into the role of Acting Deputy Director.
Leadership Transition at SEC
According to the regulator’s statement, SEC Chair Gary Gensler praised both Grewal and Wadhwa,
highlighting their commitment to investor protection and market integrity. He
also expressed confidence in Sam Waldon, who will assume the role of Acting
Deputy Director.
“We have been incredibly fortunate that such an
accomplished public servant, Gurbir Grewal, came to the SEC to lead the
Division of Enforcement for the last three years,” Gensler said. “Every day, he
has thought about how to best protect investors and help ensure market
participants comply with our time-tested securities laws. 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.”
Under Grewal’s leadership, the Division of Enforcement
reportedly pursued more than 2,400 enforcement actions, resulting in over $20
billion in disgorgement, civil penalties, and prejudgment interest. The
Division also secured over $1 billion in whistleblower awards and achieved more
than 340 industry bars against individuals.
Grewal's Tenure
Grewal's tenure focused on proactive enforcement,
recalibrating penalties to deter misconduct, and holding key players accountable
for securities law violations. He emphasized cooperation and self-policing as
key measures to ensure market integrity.
Grewal’s departure comes as the SEC focuses on regulating evolving sectors, such as cryptocurrency and
financial technology. Grewal's legacy, marked by a strong stance on investor
protection, has reportedly set a standard for his successors.
Gurbir Grewal, the Director of the Securities and Exchange
Commission’s (SEC) Division of Enforcement, is leaving the agency. His departure marks the end of a three-year tenure marked by significant enforcement
actions. Deputy
Director Sanjay Wadhwa will take over as Acting Director, with Chief Counsel
Sam Waldon stepping into the role of Acting Deputy Director.
Leadership Transition at SEC
According to the regulator’s statement, SEC Chair Gary Gensler praised both Grewal and Wadhwa,
highlighting their commitment to investor protection and market integrity. He
also expressed confidence in Sam Waldon, who will assume the role of Acting
Deputy Director.
“We have been incredibly fortunate that such an
accomplished public servant, Gurbir Grewal, came to the SEC to lead the
Division of Enforcement for the last three years,” Gensler said. “Every day, he
has thought about how to best protect investors and help ensure market
participants comply with our time-tested securities laws. 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.”
Under Grewal’s leadership, the Division of Enforcement
reportedly pursued more than 2,400 enforcement actions, resulting in over $20
billion in disgorgement, civil penalties, and prejudgment interest. The
Division also secured over $1 billion in whistleblower awards and achieved more
than 340 industry bars against individuals.
Grewal's Tenure
Grewal's tenure focused on proactive enforcement,
recalibrating penalties to deter misconduct, and holding key players accountable
for securities law violations. He emphasized cooperation and self-policing as
key measures to ensure market integrity.
Grewal’s departure comes as the SEC focuses on regulating evolving sectors, such as cryptocurrency and
financial technology. Grewal's legacy, marked by a strong stance on investor
protection, has reportedly set a standard for his successors.
GO Markets Appoints Head of Sales Following Five-Year Tenure at Pepperstone
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
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Don't miss out on our latest videos, interviews, and event coverage.
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Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
🎬 Watch, share, and join the conversation!
Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing.
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