He was appointed by SEC Chairman Gary Gensler. Gensler's first pick for the job, Alex Oh, had to resign days after being named because of a controversy involving a ruling in a case for one of her corporate clients.
Grewal previously served as a federal prosecutor in Brooklyn and New Jersey, and was the chief prosecutor for Bergen County. As a prosecutor, he oversaw several high-profile securities fraud cases, including a 2015 case in which a criminal gang hacked thousands of news releases in order to engage in insider trading.
Grewal also worked in private practice, but had not worked for a private law firm in more than a decade.
Grewal was the U.S.'s first Sikh state attorney general. He and his office overhauled the rules governing police use of force in New Jersey for the first time in a generation. They also joined several other states in filing dozens of lawsuits against former President Trump's administration on a range of issues.
He also oversaw New Jersey’s securities bureau, which during his tenure took action related to cryptocurrency offerings, subprime auto lending and predatory student loans.
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