The U.S. Securities and Exchange Commission (SEC) has announced the end of Gary Gensler's term as Chairman of the organization. Gensler, who has an extensive background in public service and financial markets, held the leadership role since 2021. The SEC praised Gensler for his commitment to bipartisan cooperation and respectful exchange of ideas, which helped improve the Commission's service to the American people. Under Gensler's leadership, the SEC was known for its strict approach towards cryptocurrencies, often imposing sanctions and filing lawsuits against the industry. This information is not intended as investment advice.
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