SEC Appoints New Jersey Attorney General Gurbir S. Grewal as Director of Enforcement

Washington, D.C.--(Newsfile Corp. - June 29, 2021) - The Securities and Exchange Commission today announced that Gurbir S. Grewal has been appointed Director of the Division of Enforcement, effective July 26, 2021. Grewal currently serves as Attorney General for the State of New Jersey, a role he has held since January 2018, when he was confirmed by the New Jersey State Senate after being nominated by Governor Phil Murphy.

"I'm honored and delighted to welcome Attorney General Grewal to the SEC," said SEC Chair Gary Gensler. "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."

"I thank Melissa Hodgman for her service as the Enforcement Division's Acting Director," Chair Gensler added. "She will continue to be an important adviser to both Gurbir and me, and I look forward to our continued work together."

"The Enforcement Division has a critical role to play in finding and punishing violations of the law," said Grewal. "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."

As New Jersey's Attorney General, Grewal heads the Department of Law & Public Safety, which employs more than 3,700 uniformed officers, 750 lawyers, and thousands of additional public servants, including investigators, regulators, and administrative staff. Before becoming Attorney General, Grewal served as Bergen County Prosecutor, the chief law enforcement office of New Jersey's most populous county. Earlier in his career, he was an Assistant U.S. Attorney in the Criminal Division of the U.S. Attorney's Office for the District of New Jersey, where he served as Chief of the Economic Crimes Unit from 2014 to 2016 and oversaw the investigation and prosecution of all major white collar and cybercrimes in the District of New Jersey. He also previously served as an AUSA in the Criminal Division of the United States Attorney's Office for the Eastern District of New York, where he was assigned to the Business and Securities Fraud Unit. Grewal worked in private practice from 1999-2004 and from 2008-2010.

Grewal graduated cum laude with a Bachelor of Science in Foreign Service from the Georgetown University School of Foreign Service in 1995. He obtained his law degree from the College of William & Mary, Marshall-Wythe School of Law in 1999.

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