The U.S. Securities and Exchange Commission (SEC) is undergoing significant leadership changes as General Counsel Megan Barbero announces her resignation, set for January 20, 2025. This exit coincides with the anticipated return of President-elect Donald Trump, marking a complete turnover in the agency's upper management. Barbero was integral to the SEC's enforcement strategies, particularly in legal disputes with the cryptocurrency sector, having served since February 2023. Alongside her departure, SEC officials including Enforcement Chief Gurbir Grewal and accounting head Paul Munter have also announced their exits. Chair Gary Gensler acknowledged Barbero's critical role in shaping the agency's legal approach, especially regarding cryptocurrency regulation. This transition indicates a potential shift in the SEC’s regulatory stance under the incoming Trump administration, which is expected to have no remnants of leadership from the previous term. This development reflects ongoing tensions and evolving dynamics in the regulatory landscape for cryptocurrencies.

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