The United States Security and Exchange Commission has been reported to offer eligible employees of financial incentives to resign or retire from the agency amid on the ongoing wave of staff changes from the regulator.
The US Securities Regulator has been reported to have offered staff $ 50,000 to resign or retire on April 4, According to In a March 4 Bloomberg report citing an email that it reviewed.
The email described the offer as a “voluntary separation of the incentive” or “voluntary retirement program” was reported to have been sent on Feb. 28 of SEC Chief Operating Officer Ken Johnson to all employees.
The deadline to apply for the incentive is March 21, and the right employees must be at the agency’s payroll before January 24. They should also leave the resignation, moving to another agency, or retire. They will not be able to return to the SEC for five years. If they do this, they must pay the incentive fully, the states of the memo.
Moves came as the Trump administration sought to overthrow federal government staff under the efficiency of the Government Department (Doge), Led by Elon Musk.
The department has removed more than 100,000 of 2.3 million federal workers by a combination of disappearances and purchases, reported Reuters.
Cointelegraph reached the SEC for the comment but did not receive an immediate response.
Sec Building. Source: Global Financial Regulatory Blog
In early February, it was reported That the SEC begins to measure its 50-staff crypto implementation unit. At the same time, the SEC Commissioner Hester Peirce has drafted the agency’s new approach to regulating crypto markets, including a review of the security status of crypto assets.
The US manufacture market is at the attention of this week with key reports on non -working work data, preliminary unemployment data, and the February Jobs report. These reports are considered important indicators of economic, as the transfer to the number of positions is strongly associated with overall economic health.
Meanwhile, the SEC has Removed legal action Against a number of well -known crypto companies in recent weeks, including Coinbase, Consensys, Robinhood, Gemini, Uniswap and the latest, Kraken.
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