Gurbir S Grewal, an Indian American Attorney-General of New Jersey, will head the Enforcement Division of the US Securities and Exchange Commission. As the Director of SEC’s Enforcement Division, Grewal will play an important role in regulating financial markets in the country.
Indian American attorney Gurbir S Grewal, the longest-serving Sikh Attorney-General of New Jersey, has been selected to head the Enforcement Division of the US Securities and Exchange Commission.
According to a press release by the US SEC, Gurbir S Grewal, 48, has been nominated by New Jersey’s Governor Phil Murphy for the post of Director of Enforcement Division. He will take charge from July 26. https://www.sec.gov/news/press-release/2021-114
“The Enforcement Division has a critical role to play in finding and punishing violations of the law,” said Gurbir S Grewal. “I’m excited to get to work with the talented team of public servants to uncover and prosecute misconduct and protect investors. I thank Governor 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.”
Gary Gensler, the SEC Chairman, said he was “honoured and delighted” to welcome Attorney General Gurbir S Grewal to the SEC. “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,” Gary Gensler said.
As the Director of SEC’s Enforcement Division, Gurbir S Grewal will play an important role in regulating financial markets in the country.