Gary Gensler's promotion of five senior SEC enforcement officials has attracted the attention of the crypto community
Gary Gensler, who has not yet left the Securities Exchange Commission, has promoted five senior officials, many of whom are point persons in cryptocurrency-related enforcement. It is reported that the promotion process usually takes several years, but this time it is low-key and completed quickly, raising questions in the crypto community about its timing and purpose. According to John Reed Stark, a former Securities Exchange Commission official, Gary Gensler's personnel action was carried out before the new chairperson Paul Atkins took over, and the five senior officials are likely to remain at the SEC after Trump takes office. When the new chairperson tries to overturn the old policy, it may cause conflict.