David Hirsch, a high-ranking member of the United States Securities and Exchange Commission’s (SEC) has announced that his time with the agency has come to an end. Hirsch, who exits as the chief of the crypto assets in the regulator’s enforcement division, announced his departure via a June 17 LinkedIn post.
David Hirsch Pens Emotional Departure
In his post, Hirsch reflected on his career, which he says began as a staff attorney at the agency. He credited most of his success to the cooperation of the members of his team and praised the great work that the agency’s Crypto Assets and Cyber Unit accomplished during his tenure. He also acknowledged the support he got from leaders and collaborators across various regulatory agencies across the world. Hirsch’s post reads partly:
“…I had the opportunity to work on more complex, challenging investigations and issues than I ever imagined when I joined the agency as a staff attorney in the Fort Worth Regional Office.”
Says All Hands Must Be on Deck, Hirsch
Hirsch also seized the opportunity to charge enforcement agencies to collaborate with one another in the bid to ensure regulatory compliance across the board. He noted that securities enforcement is a “team sport,” and everyone must continue to work with a common goal as he experienced during his time.
According to the former SEC official, his positive experience makes it extremely difficult to leave at this time. However, everything has an end, as he suggested, and now is the time for him to forge ahead.
About what challenges he intends to take on next, Hirsch says he does not know yet. He confirmed that he would take a break for now and would only announce his next move sometime later. He wrote:
“I look forward to sharing more about that soon, but for now, I’m excited for a break and travel with my family before my son heads to college in the fall.”
Hirsch was an enforcement attorney for the SEC from 2015 until he became the chief of the agency’s crypto asset and cyber units division in October 2022. In total, he spent eight years and 10 months working with the financial regulator.
