Punjabi-origin AG of New Jersey now SEC enforcement director

CHANDIGARH:

Gurbir S Grewal

, who, has been serving as

New Jersey

’s

attorney general

since 2018, has now been appointed director of the division of enforcement, effective July 26, 2021, the Securities and Exchange Commission (

SEC

) announced on Wednesday.

“The enforcement division has a critical role to play in finding and punishing violations of the law,” Grewal said. “I am 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 have had the pleasure to work during my career in the state,” he added.

“I am 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,” he said.

As New Jersey’s attorney general, Grewal heads the department of law and public safety. 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 US attorney in the criminal division of the US Attorney’s Office for the district of New Jersey, where he served as chief of the Economic Crimes Unit from 2014 to 2016. In that capacity, he oversaw the investigation and prosecution of all major white collar and cyber crimes in the district of New Jersey.

Grewal graduated cum laude with a Bachelor of Science in Foreign Service from the Georgetown University School of Foreign Service in 1995.