SEC Regional Offices Targeted for Potential Closure in Cost-Cutting Push

The Securities and Exchange Commission (SEC) may see significant changes as part of a restructuring initiative aimed at reducing expenses and streamlining operations under the newly formed Department of Government Efficiency (DOGE), led by Elon Musk. The DOGE’s plan to eliminate 10 SEC regional office directors across the country could mark a major shift in regulatory oversight, according to sources familiar with the situation. While specific details are still being finalized, this restructuring is part of broader efforts from the Trump administration to cut costs and optimize federal agencies.