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The president also designates one of the commissioners as chairman, the SEC's top executive. Service may continue past term expiration [1] up to eighteen additional months. [2] This page is sorted by president and date of appointment; a second list sorts the page by SEC member's employment with private firms.
Gensler served as the 11th chairman of the Commodity Futures Trading Commission, under President Barack Obama, from May 26, 2009, to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999–2001), and the Assistant Secretary of the Treasury for Financial Markets (1997–1999).
As SEC chair, Gensler sought out an unusually public role for an agency head, making frequent TV appearances and feuding with the crypto industry. ... At an event on Tuesday, current SEC ...
The SEC has been criticized "for being too 'tentative and fearful' in confronting wrongdoing on Wall Street", and for doing "an especially poor job of holding executives accountable". [34] [35] [36] Christopher Cox, the former SEC chairman, has recognized the organization's multiple failures in relation to the Bernard Madoff fraud. [37]
FILE - Securities and Exchange Commission (SEC) Chair Gary Gensler testifies during a House Financial Services Committee hearing on oversight of the SEC, April 18, 2023, on Capitol Hill in Washington.
He also has worked in several roles at the agency, including as senior adviser to former SEC Chairman Jay Clayton and counsel to Atkins when he was a commissioner in the early 2000s.
On May 2, 2017, the U.S. Senate voted 61–37 to confirm Clayton as Chairman of the SEC. Votes cast in favor of Clayton's confirmation included nine Democrats and one Independent alongside 51 Republican votes. [19] On May 4, 2017, Clayton was sworn in, marking the official beginning of his role as Chairman. [20]
SEC Chairman Gary Gensler participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC. The council met to deliver an update on ...