ENS news, on January 17, Megan Barbero, the Chief Legal Officer and General Counsel of the US Securities and Exchange Commission (SEC), will be leaving next week, joining the wave of senior officials at the agency who have been responsible for legal battles with the crypto industry in recent years.
Regarding Barbero's departure, SEC Chairman Gary Gensler stated in a statement: "Her thoughtful advice and judgment have been critical to the Commission's decision-making." Barbero's departure is scheduled for January 20, coinciding with the inauguration of US President-elect Donald Trump.
Barbero was the agency's Chief Legal Officer, responsible for how the legal department handles disputes with crypto companies in federal court and advising on its enforcement positions. From February 2023, she served as General Counsel.
SEC's Head of Enforcement Gurbir Grewal left in October, and the Accounting Chief responsible for the agency's controversial crypto accounting policies, Paul Munter, also announced his upcoming departure this week.
