President Joe Biden’s SEC chair was already checked out when Donald Trump reclaimed the White House in November.
Gary Gensler would take a couple more weeks to announce his plans to step down as the Securities and Exchange Commission’s leader on Jan. 20. But a final sprint to advance dozens of unfinished regulations on his agenda never materialized, after little rulemaking progress in the fall.
Gensler’s predecessors used the waning months of their terms to accomplish several priorities. Mary Jo White ushered in a vast stock market surveillance system and new reporting forms for investment funds. Jay Clayton eased private ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.