According to BlockBeats, on October 3, according to an official announcement, the U.S. Securities and Exchange Commission (SEC) announced today that Gurbir S. Grewal, Director of the Enforcement Division, will leave on October 11, 2024. After Mr. Grewal's departure, Sanjay Wadhwa, Deputy Director of the Enforcement Division, will serve as Acting Director, and Sam Waldon, Chief Legal Counsel of the Enforcement Division, will serve as Acting Deputy Director.

"We are very fortunate to have such an outstanding public servant as Gurbir Grewal join the SEC and lead the Division of Enforcement for the past three years," said SEC Chairman Gary Gensler. "Every day, he thinks about how to best protect investors and helps ensure that market participants comply with time-tested securities laws. The Division of Enforcement he leads is always fearless, follows the facts and the law, and is impartial. I have greatly enjoyed working with him and wish him all the best."