Following the results of the 2024 U.S. Election, the American Securities Association (ASA) has called for the resignation of Securities and Exchange Commission (SEC) Chairman Gary Gensler. ASA President and CEO Chris Iacovella stated that Gensler’s departure is essential to realign the SEC’s direction with the electorate’s recent decision.

Noting that “the people voted for this country to take a new direction,” he stressed:

Chairman Gensler should respect that vote by stepping down from his position immediately. This is the only way for America’s working families, retirement savers, and small businesses to rebuild their trust and confidence in the institution of the SEC.

Representing nearly 100 regional financial services firms, the ASA is dedicated to enhancing investor confidence, facilitating capital access for small businesses, and promoting balanced capital markets. By advocating for Gensler’s resignation, the ASA aims to establish a more stable regulatory environment that fosters financial independence and economic growth. The association believes that new SEC leadership would enable the agency to more effectively protect investor interests and stimulate small business development.

Trump has pledged to fire Gensler on his first day in office, a promise he made at a July Bitcoin conference, where he criticized Gensler’s stringent regulatory stance on cryptocurrency. This proposal has been well-received by the crypto community, which views Gensler’s tenure as overly restrictive. However, removing an SEC chair is legally complex, as the position is typically protected by a fixed term and removal can only occur for a specific cause. Despite these hurdles, a Trump administration would likely pursue a leadership change at the SEC, potentially leading to significant shifts in financial regulation.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。