Crypto Foe and SEC Chair Gary Gensler Will Quit When Trump Takes Office [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
He's not just stepping down as head of the main U.S. securities regulator. He will also not stick around as a commissioner, meaning he won't be around to defend his regulatory policies, which have included an aggressive stance toward crypto. Gensler's resignation will be effective at noon on Jan. 20, the moment President-elect Trump is sworn in, the SEC said in a press release. In a statement, Gensler called the regulator "a remarkable agency." "The staff and the Commission are deeply mission-driven, focused on protecting investors, facilitating capital formation, and ensuring that the markets work for investors and issuers alike. The staff comprises true public servants," he said. "It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the best in the world." The statement went on to thank President Joe Biden and Gensler's fellow commissioners. Gensler, who took office in April 2021, oversaw a number
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News
- SEC Chair Gary Gensler stepping down as crypto industry pushes for friendlier agency [Yahoo! Finance]Yahoo! Finance
- Crypto industry jockeys for seats at Trump's promised council [USA TODAY]USA TODAY
- Bitcoin nears $100,000 as SEC chair Gary Gensler announces he will step down [Yahoo! Finance]Yahoo! Finance
- Gary Gensler resigns as SEC chair, sparking celebration across crypto industry [Yahoo! Finance]Yahoo! Finance
- What is the 'kimchi premium'? What bitcoin investors need to know. [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- COIN's page on the SEC website