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SEC Lures Top Enforcer Who Says Tougher Punishment Is Coming
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wsj.comWASHINGTON—The Securities and Exchange Commission often picks its top cop from the ranks of Wall Street’s best defense lawyers. Its newest one hadn’t worked on a securities case in almost six years until he took on the job in July.
Gurbir Grewal became the director of the SEC’s enforcement program after serving as New Jersey’s attorney general for more than three years, during which he overhauled police use-of-force training and disciplinary transparency, spoke out against Asian-American hate crimes, and took personal heat for how state officials dealt with the coronavirus pandemic.
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