The SEC Releases Departure Statement for Gary Gensler

BlockBeats News, January 21st, the U.S. Securities and Exchange Commission (SEC) issued an announcement stating, "Today is Chairman Gensler's last day at the SEC."

Chairman Gensler joined the commission in 2021, bringing with him a rich career in public service. He brought valuable experience and a deep understanding of the financial markets to the chairmanship, during which time we have worked together to advance the commission's mission—to protect investors, maintain a fair, orderly, and efficient market.

Chairman Gensler has always been committed to bipartisanship and respectful exchange of views in the United States, which has helped us better serve the American public. For this, we are deeply grateful.

We have implemented rules to promote market integrity and corporate governance, streamlined disclosures for open-end funds, shortened settlement times, and enacted necessary reforms for insider trading plans, among many other policy changes. Together, we have helped investors recover billions of dollars in losses due to securities law violations and helped the public understand the risks and rewards of investing their savings. These accomplishments solidify Chairman Gensler's steadfast commitment to public service and American investors, establishing his historical legacy.

We also want to thank Chairman Gensler's hardworking team, who have taken on significant tasks and approached each one with diligence and creativity. Thank you for your professionalism and dedication to public service."