Gensler, who took over as SEC chair on 17 April 2021, will step down earlier than finishing his five-year time period, initially set to run till 2026.
“I thank President Biden for entrusting me with this unimaginable accountability. The SEC has met our mission and enforced the regulation with out worry or favour,” he stated in an announcement on Thursday (22 November).
SEC adopts new clearing guidelines in $26bn US Treasury market overhaul
Throughout his time on the watchdog, Gensler pushed by means of a sequence of market reforms, together with new clearing guidelines within the $28trn US Treasury markets and shortening the settlement…
