#Gensler Departs as SEC Chair#

Gary Gensler is set to step down as chair of the U.S. Securities and Exchange Commission, and he posted what appeared to be a farewell tweet on the social media platform X, reflecting on his accomplishments over the past four years in office and saying it had been the honor of his life to serve as SEC chair and for the public. Gensler listed his accomplishments in the tweet, including updating the rules of the stock market and the Treasury market, shortening settlement cycles, returning over $27 billion to harmed investors, and helping to enhance transparency and integrity in corporate governance at publicly traded companies. He emphasized the SEC's key role in overseeing the markets and ensuring compliance with common-sense rules governing U.S. securities law, saying these rules are in the best interest of investors and issuers. Gensler also posted a farewell video, expressing his gratitude for serving as SEC chair and his outlook for the future.