SEC Chairman Gary Gensler has stated his intention to resign when Donald Trump is inaugurated as President. This announcement was made on Thursday as a definitive plan for Gensler's future role at the Securities and Exchange Commission.
Gensler has been serving as the SEC chief and his leadership has been pivotal in numerous regulatory actions. His statement is significant as it outlines a clear transition plan in leadership at the commission upon a change in the U.S. presidency.