On January 20, Trump appointed Mark Uyeda as the Acting Head of the SEC, replacing Gary Gensler, whose policies caused conflicts with Wall Street and the cryptocurrency industry. Trump also plans to nominate Paul Atkins for the permanent chairmanship. Uyeda, who became an SEC commissioner in 2022, criticized Gensler's approach to regulation and enforcement, stating that the change in administration would provide an opportunity to revisit regulatory policies, focusing on supporting investments, innovations, and protecting investors from fraud.
1/21/2025 1:49:27 PM (GMT+1)
Trump appointed Mark Uyeda as the Acting Head of the SEC, replacing Gary Gensler, to review regulatory policies and support innovations in financial markets 💼
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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