Mark Uyeda Might Lead the SEC Under Trump’s Presidency, Lawyer Suggests

Uyeda, who joined the SEC as a commissioner on June 30, 2022, has been a vocal critic of the current regulatory regime.

As speculation is mounting within the cryptocurrency community about potential changes in the leadership of the Securities and Exchange Commission (SEC) following election results, Mark Uyeda, a current SEC commissioner, is emerging as a strong contender to take the reins.

The suggestion was put forward by crypto attorney Jake Chervinsky in a November 6 post on X.

Uyeda, who joined the SEC as a commissioner on June 30, 2022, has been a vocal critic of the current regulatory regime under SEC Chair Gary Gensler.

Uyeda Criticizes Gensler’s Crypto Policies

In October, Uyeda described Gensler’s crypto policies as a “disaster for the whole industry.”

“I think our policies and our approach over the last several years have been just really a disaster for the whole industry,” he said.

His opposition to enforcement-heavy regulation has garnered support from advocates seeking a more constructive and cooperative approach to crypto oversight.

Trump has already pledged to fire Gensler on his first day in office, fueling speculation about who might succeed him.