Gurbir Grewal, who has served as the US Securities and Exchange Commission’s director of the division of enforcement since July 2021, will leave the agency this month. 

The current deputy director of the division, Sanjay Wadhwa, will step in as acting director starting on Oct. 11, the SEC announced Wednesday. 

“From recalibrating penalties and remedies to confronting emerging risks to holding issuers, insiders and gatekeepers accountable, I am incredibly proud of all that we’ve accomplished as a division during my tenure,” Grewal said in a statement. “I am grateful to Chair Gensler not just for the opportunity to lead the division, but also for his unwavering commitment to…

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