Robinhood's top attorney Gallagher rules out SEC chair role

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Robinhood's top attorney Gallagher rules out SEC chair role - Channel News Asia

Quick Summary:

Robinhood Markets' Chief Legal Officer Dan Gallagher on Friday withdrew from consideration for chair of the Securities and Exchange Commission in the Trump administration, leaving other Republican former SEC officials among the top candidates".

Trump spokesperson Karoline Leavitt did not comment directly on Gallagher's announcement but said Trump was still deciding who would serve in his administration.

FILE PHOTO: The logo of Robinhood Markets, Inc.is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021.FILE PHOTO: U.S.