The crypto exec in the running to replace SEC’s Gensler under Trump: report
A top Robinhood executive has emerged as the leading contender to front the Securities and Exchange Commission if Donald Trump wins the presidency and ousts SEC Chair Gary Gensler, according to a report.
Dan Gallagher – Robinhood’s chief legal officer and a former SEC commissioner – is believed to be the Republican nominee’s top pick, according to a dozen former top regulators, lobbyists and securities lawyers interviewed by Politico.
“He’d be a natural choice,” a former SEC official told the publication.
Meanwhile, the SEC is weighing whether to pursue a lawsuit against Robinhood and its…