SEC staff voluntarily leaving in response to federal cuts from Trump and Musk.

Investing.com — The U.S. Securities and Exchange Commission (SEC) is experiencing significant personnel departures in its critical departments. According to a report published by Reuters on Friday, hundreds of employees have agreed to leave their positions. This development comes in response to the efforts of President Donald Trump and Elon Musk to reshape the U.S. government.

The report indicates that those departing from the SEC include both senior staff and enforcement attorneys. This situation could potentially hinder the agency's ability to oversee markets and protect investors. These departures are part of the SEC's response to Trump and Musk's calls for substantial cuts in federal agencies.

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