CandleFocus Robinhood CLO has shot at SEC chair: report
2024-10-07
Author: Content Editor
The chief legal officer of Robinhood Markets, Dan Gallagher, has been mentioned as a potential candidate to lead the U.S. Securities and Exchange Commission (SEC) if President Donald Trump is re-elected. Gallagher, who previously worked at the SEC, has criticized the agency's approach to crypto regulation and registration. The SEC's relationship with the crypto industry has been contentious, with industry leaders arguing that existing securities rules do not align with blockchain technology. Trump has promised to replace the current SEC chair, who is seen as a staunch opponent of cryptocurrencies. While a change of leadership at the SEC is possible, no official decision has been made yet.
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