When
one
government
regulatory
door
closes,
another
Biglaw
partnership
door
opens.
Gurbir
Grewal,
who
has
served
as
Director
of
the
Division
of
Enforcement
for
the
Securities
and
Exchange
Commission
since
2021,
will
be
leaving
his
government
role
at
the
end
of
the
week
and
heading
to
Milbank.
Bloomberg
Law
has
a
few
additional
details:
Grewal
will
work
out
of
Milbank’s
New
York
office
as
a
partner
in
the
litigation
and
arbitration
practice,
according
to
one
of
the
people,
who
asked
not
to
be
identified
as
the
plans
haven’t
been
made
public.
As
part
of
his
work
with
the
financial
agency,
Grewal
led
major
enforcement
actions
against
crypto
exchanges,
claiming
that
they’d
listed
unregistered
securities.
Prior
to
joining
the
SEC,
Grewal
served
as
New
Jersey’s
attorney
general,
and
was
the
the
first
Sikh-American
AG
in
U.S.
history.
Before
becoming
the
Garden
State’s
attorney
general,
he
served
as
chief
of
the
Economic
Crimes
Unit
at
the
U.S.
Attorney’s
Office
for
the
District
of
New
Jersey.
Congratulations
to
Gurbir
Grewal
on
his
move
to
private
practice
at
Milbank,
where
he’ll
enjoy
profits
per
equity
partner
of
up
to
$5.1
million!
Departing
SEC
Enforcement
Chief
Grewal
to
Join
Milbank
Law
Firm
[Bloomberg
Law]
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
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