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Gary Gensler to step down as SEC chair in January

Regulator had pushed through a blizzard of new rules during his tenure

Gary Gensler plans to step down as chair of the US Securities and Exchange Commission when Donald Trump takes office as president on January 20, bringing to an end a bold rulemaking term that encountered resistance from the industry and courts.

Officially, Gensler’s five-year term on the commission will not run out until 2026, but it has bec