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Monday, July 12, 2021 Chairman Gary Gensler On April 17, 2021, Gary Gensler was sworn in as the new Chairman of the SEC. Mr. Gensler was previously the chair of the U.S. Commodity Futures Trading Commission. Chairman Gensler has publicly identified a number of regulatory priorities in comments to Congress and speeches. In May 2021, Chairman Gensler testified to the U.S. House Appropriations Committee regarding the breadth and scope of the capital markets, including the growth in the number of registered advisers and the need for additional resources at the SEC. The Division of Investment Management (IM Division) has since asked to increase its budget to hire 15 additional full-time employees in fiscal 2022 to monitor markets, assess industry risks and support examinations. The IM Division currently has 221 employees.

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