Foresight News reports that according to the official website of the U.S. Securities and Exchange Commission (SEC), SEC Chairman Gary Gensler will officially step down on January 20, 2025. The announcement states that since taking office on April 17, 2021, Gary Gensler has promoted several important reforms, including capital market efficiency, resilience, and integrity. During his tenure, the SEC completed thousands of enforcement actions, recovering approximately $21 billion in fines and returning $2.7 billion to harmed investors. In addition, he has pushed for several rule reforms, including shortening the stock settlement cycle to one day, enhancing disclosures on cybersecurity and temperature risks, and strengthening oversight of investment advisors.
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U.S. SEC Chairman Gary Gensler Will Step Down on January 20, 2025
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