SEC chair Gary Gensler resigns, leaves legacy of division and crypto feuds [Fortune]
Coinbase Global, Inc. - Class A (COIN)
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Source: Fortune
date of President-elect Trump's inauguration, marking the end of a turbulent tenure for the top regulator. Since entering office in April 2021, Gensler has battled with industry groups across Wall Street, pursuing an aggressive campaign of rulemaking and enforcement actions that often put him at odds with the companies his agency was overseeing. Gensler was appointed by President Joe Biden. It is customary for agency heads to step down after the election of a president from the other party. A former Goldman Sachs banker, Gensler reinvented himself as a progressive reformer after the 2008 financial crisis, helping enact the landmark Dodd-Frank legislation. As SEC chair, Gensler sought out an unusually public role for an agency head, making frequent TV appearances and feuding with the crypto industry. “The SEC is a remarkable agency,” he posted on X, alongside a press release . “It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that
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COIN
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COIN
Sec Filings
- 11/22/24 - Form 4
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- 11/22/24 - Form 4
- COIN's page on the SEC website