President-elect Joe Biden to name Gary Gensler as U.S. SEC chair, sources say

Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013.

Andrew Harrer | Bloomberg | Getty Images

Gary Gensler, a top financial regulator under the Obama administration, is expected to be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden in coming days, two sources familiar with the matter said on Wednesday.

Gensler was chair of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014, and since November has led Biden’s transition plan for financial industry oversight.

Gensler did not respond to a request for comment. A spokesperson for Biden did not immediately respond to a request for comment.

This story is developing. Please check back for updates.

Source link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Get The Latest Investing Tips
Straight to your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.