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11/23/2024 2:21:50 PM (GMT+1)

Dan Gallagher withdrew his candidacy for SEC Chairman in the Trump administration, leaving room for other contenders, including Paul Atkins and Robert Stabbins 🏛️

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Dan Gallagher, Chief Legal Officer of Robinhood Markets, withdrew his candidacy for the position of SEC Chairman in the Trump administration. He stated that he is focused on his work at Robinhood and serving clients. Investment restrictions for government officials could have been an obstacle to his appointment. Other candidates for the position include former SEC Commissioner Paul Atkins, Robert Stabbins, and Teresa Gudi Gillen, a partner at BakerHostetler. The cryptocurrency industry hopes for a change in the SEC's stance on cryptocurrencies.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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