New Jersey AG Gurbir Grewal to move to SEC July 26

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Indian-American Attorney General of New Jersey, Gurbir S. Grewal, will be the new Director of the Division of Enforcement at the Securities and Exchange Commission, starting July 26, 2021.

The SEC, while announcing his new appointment June 29, said Grewal, was ideal for the new post.

“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,” the SEC Chairman Gary Gensler is quoted saying in the press release.

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.

“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,” Gensler noted.

Grewal will replace Melissa Hodgman who has been serving as Acting Director of that division.

“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.”

Grewal thanked Governor Murphy for appointing him as Attorney General of New Jersey.

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 Assistant U.S. Attorney 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.

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