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International Business Times
International Business Times
Vidhya Ck

SEC To Cut Top Roles In Regional Offices As Agency Braces For Musk And DOGE Scrutiny: Report

SEC Elon Musk DOGE United States Donald Trump Mark Uyeda
SEC divisions and offices have been instructed to submit their reorganization plans by Tuesday. (Credit: Reuters)

The U.S. Securities and Exchange Commission (SEC) is reportedly set to eliminate the top leadership positions at its 10 regional offices as part of a cost-cutting initiative that the Trump administration has been pushing forward.

The agency informed its regional directors Friday that their roles would be removed, following the submission of its plan next month, according to an exclusive report by Reuters.

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