SEC Commissioner Jaime Lizárraga And Chair Gary Gensler To Step Down In January 2025

U.S. Securities and Exchange Commission (SEC) Commissioner Jaime Lizárraga and Chair Gary Gensler have announced their resignations, effective January 17 and January 20, 2025, respectively, marking significant leadership changes at the agency.

Jaime Lizárraga, Commissioner of the SEC, cited family priorities for his decision to step down, as his wife faces health challenges. He expressed gratitude for his tenure at the SEC and former President Joe Biden’s nomination. Gensler’s departure coincides with the inauguration of President-elect Donald Trump.

Lizárraga highlighted the SEC’s ongoing efforts in regulatory enforcement, market integrity, and advocating for stronger oversight of financial markets during his service. The upcoming resignations will leave two vacant seats at the SEC, prompting anticipation around new appointments. Observers are watching closely for how these changes might shape the regulatory priorities of the agency.