ASA Calls on SEC Chair Gensler to Immediately Step Down

WASHINGTON – Following the overwhelming results in the 2024 U.S. Election, the American Securities Association (ASA) called on Securities and Exchange Commission (SEC) Chairman Gensler to immediately step down.

“Last night the people voted for this country to take a new direction, and Chairman Gensler should respect that vote by stepping down from his position immediately. This is the only way for America’s working families, retirement savers, and small businesses to rebuild their trust and confidence in the institution of the SEC,” said ASA President and CEO Chris Iacovella. 

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The American Securities Association (ASA) represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.