Indian-American Gurbir S Grewal is all set to head the Enforcement Division of the US Securities and Exchange Commission. Grewal, 48, is the longest-serving Sikh Attorney-General of New Jersey.
US SEC has put out a press release confirming that New Jersey’s Governor Phil Murphy has nominated Grewal for the post of Director of Enforcement Division. Grewal will take charge from July 26, 2021. As the Director of SEC’s Enforcement Division, Grewal will be responsible for regulating financial markets in the country.
In 1995, Grewal graduated with a Bachelor of Science in Foreign Service from the Georgetown University School of Foreign Service and subsequently obtained a degree in law from the College of William & Mary, Marshall-Wythe School of Law 1999.
While talking about the achievement, Grewal said, “The Enforcement Division has a critical role to play in finding and punishing violations of the law. “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.”
Stating that he was “honoured and delighted” to welcome Attorney General Gurbir S Grewal to the SEC, Gary Gensler, the SEC Chairman, 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.”
New Jersey’s most populous county witnessed Grewal as Bergen County Prosecutor before becoming Attorney General and continued to be in this position for over three years.
“Attorney General Gurbir S Grewal has been an invaluable member of our administration and a dedicated public servant to the residents of New Jersey. Though we’ll miss his leadership, I know he’s the right person to protect investors all across the nation,” New Jersey’s Governor Phil Murphy said in a statement.
Among Grewal’s achievements during his tenure was how the rules that governed police use of force in New Jersey at that time were overhauled for the first time in a generation. In three years, his office went on to join other states and sue the federal government more than the Garden State had been able to do in the previous four decades. Various crimes were also investigated and prosecuted by the office during his tenure.