Many are calling for the removal of Gary Gensler as SEC Chair. Here is what could happen:
⚫Impeachment is required (proposal, trial, and conviction) to remove Gentler as Chair
⚫US President has the power to name another commissioner as Chair
⚫If impeached, the SEC can still function with less than five commissioners
⚫The impeached Chair may no longer serve as commissioner since they are removed from office