SEC Chair Gary Gensler Gives Lead Counsel In XRP Case A New Promotion

January 3, 2022 11:00 pm

Controversial Chairman of the SEC Gary Gensler has appointed the lead counsel of the XRP case as the SEC’s new enforcement counsel.

Jorge G. Tenreiro who is the man taking charge of the SEC vs. Ripple litigation has just received a promotion from SEC Gary Gensler and will now be the SEC’s acting enforcement counsel.

Tenreiro has been under fire for several mishaps during the SEC vs. Ripple litigation proceedings and in several occasions has even gotten under the skin of Judge Sarah Netburn.

Under his new position Tenreiro will now advise Gary Gensler in conflicts involving the Division of Enforcement.

Gensler has made a total of four promotions within the last couple of months which include promoting Corey Frayer, Phillip Havenstein, Jennifer Songer.

Finance Feeds had more on the story:

Jorge Tenreiro is notably the man in charge of the SEC litigation against Ripple and co-defendants Brad Garlinghouse and Chris Larsen. The Securities and Exchange Commission has appointed Corey Frayer, Phil Havenstein, Jennifer Songer, and Jorge Tenreiro to Chair Gary Gensler’s executive staff.

Jorge G. Tenreiro was promoted Enforcement Counsel, a role in which he will advise Chair Gensler on matters involving the Division of Enforcement, quite a prominent one as the SEC continues its regulation by enforcement practice.

He joined the SEC in 2013 as a staff attorney in the New York Regional Office and later served as Senior Trial Counsel. He previously served in a leadership role in the SEC’s Pride Alliance employee affinity group and sat on the SEC’s Diversity Council.

Prior to joining the SEC, he was an associate at Cleary Gottlieb Steen & Hamilton LLP and a law clerk to the Hon. Julio M. Fuentes of the U.S. Court of Appeals for the Third Circuit and the Hon. Allyne R. Ross of the U.S. District Court for the Eastern District of New York.

Jorge Tenreiro is notably the man in charge of the SEC litigation against Ripple and co-defendants Brad Garlinghouse and Chris Larsen.

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