N.J. attorney general stepping down to lead SEC's enforcement division
New Jersey Attorney General Gurbir Grewal, the first Sikh-American attorney general in U.S. history, will be leaving his position to join the Securities and Exchange Commission at the end of next month.
Starting July 26, Grewal will serve as director of the SEC's Division of Enforcement, the agency said Tuesday.
"The Enforcement Division has a critical role to play in finding and punishing violations of the law," Grewal said. "I'm excited to get to work with the talented team of public servants to uncover and prosecute misconduct and protect investors. I thank Governor Murphy for the opportunity to serve the people of New Jersey and all of the colleagues with whom I’ve had the pleasure to work during my career in the state."
"I'm honored and delighted to welcome Attorney General Grewal to the SEC," SEC Chair Gary Gensler said. "He has had a distinguished career as New Jersey's chief law enforcement officer and as a prosecutor at both the local and federal levels. He has the ideal combination of experience, values and leadership ability to helm the Enforcement Division at this critical time. I look forward to working closely with him to protect investors and root out wrongdoing in our markets."
Grewal has served as New Jersey's top law enforcement official since Jan. 2018 after being nominated by Gov. Phil Murphy and confirmed by the state legislature.
Read more: https://www.phillyvoice.com/new-jersey-attorney-general-gurbir-grewal-stepping-down-sec/