SEC appoints Gurbir Grewal appointed as Director of the Division of Enforcement


The U.S. Securities and Exchange Commission (SEC) announced Tuesday that Gurbir S. Grewal has been appointed Director of the Division of Enforcement.

Gurbir S. Grewal

Grewal currently serves as New Jersey Attorney General, having fulfilled the role since January 2018, when he was confirmed by the New Jersey State Senate after being nominated by Gov. Phil Murphy.

“I’m honored and delighted to welcome Attorney General Grewal to the SEC,” SEC Chair Gary Gensler said. “He has had a distinguished career as New Jersey’s chief law enforcement officer and as a prosecutor at both the local and federal levels. He has the ideal combination of experience, values, and leadership ability to helm the Enforcement Division at this critical time. I look forward to working closely with him to protect investors and root out wrongdoing in our markets.”

Grewal will assume the SEC position on July 26, 2021.

“The Enforcement Division has a critical role to play in finding and punishing violations of the law,” Grewal said. “I’m excited to get to work with the talented team of public servants to uncover and prosecute misconduct and protect investors. I thank Gov. Murphy for the opportunity to serve the people of New Jersey and all of the colleagues with whom I’ve had the pleasure to work during my career in the state.”

During his time as attorney general, Grewal led the Department of Law & Public Safety, a unit employing over 3,700 uniformed officers, 750 lawyers, and thousands of investigators, regulators, and administrative staff.

The post SEC appoints Gurbir Grewal appointed as Director of the Division of Enforcement appeared first on Financial Regulation News.