Odaily News The U.S. Securities and Exchange Commission (SEC) announced today that Gurbir S. Grewal, Director of the Division of Enforcement, will leave his position on October 11, 2024. Following Mr. Grewal's departure, Deputy Director of the Division of Enforcement Sanjay Wadhwa will serve as Acting Director, and Chief Counsel of the Division of Enforcement Sam Waldon will serve as Acting Deputy Director. "We are very fortunate to have such an outstanding public service person like Gurbir Grewal join the SEC and lead the Division of Enforcement for the past three years," said SEC Chairman Gary Gensler. "Every day, he thinks about how to best protect investors and helps ensure that market participants comply with time-tested securities laws. The Enforcement Division he leads is always fearless, follows the facts and the law, and is impartial. I have greatly enjoyed working with him and wish him all the best."