Bloomberg: Law firm partners Farley and Champ are among candidates to succeed Gensler as SEC chairman
2024-11-09 00:40
Odaily News Richard Farley, a partner at Kramer Levin Naftalis & Frankel, and Norm Champ, a partner at Kirkland & Ellis, are among the candidates to succeed Gary Gensler as chairman of the U.S. Securities and Exchange Commission, according to people familiar with the matter. Other people familiar with the matter said that Dan Gallagher, legal director of Robinhood Markets Inc., current U.S. Securities and Exchange Commission Commissioner Mark Uyeda and former Commodity Futures Trading Commission Chairman Heath Tarbert are also under consideration. Also in the running are former U.S. Securities and Exchange Commission Commissioner Paul Atkins and Robert Stebbins, a partner at Willkie Farr & Gallagher, the people said. Members of President-elect Donald Trump's transition team and other advisers began talks with potential candidates after the election, some of the people said. Discussions are ongoing and candidates may not be determined for several weeks. Whatever Trump chooses, the next SEC chairman is likely to carefully review major Gensler-era rules that have yet to be implemented or take effect, and seek to reduce regulation of the digital asset industry to comply with securities laws. (Bloomberg)
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