Overview

• Gurbir Grewal has been the SEC's enforcement director since July 2021, overseeing a 1,500-person unit.
• During his tenure, the SEC pursued significant cases against major cryptocurrency exchanges like Binance and Coinbase.
• Grewal's leadership saw the SEC levy over $2 billion in fines against Wall Street firms for using unauthorized communication channels.
• He also led actions against high-profile figures such as Elon Musk and Carl Icahn for various compliance failures.
• Deputy Director Sanjay Wadhwa will take over as acting director following Grewal's departure.