According to TechFlow, according to an official announcement, the U.S. SEC announced today that Gurbir S. Grewal, director of the enforcement division, will leave on October 11, 2024.

Following Mr. Grewal’s departure, Deputy Director of the Division of Enforcement Sanjay Wadhwa will serve as Acting Director and Chief Counsel for the Division of Enforcement Sam Waldon 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 the time-tested securities laws. His enforcement leadership is always fearless, impartial, and based on the facts and the law. I have greatly enjoyed working with him and wish him the best.”