SEC Offering $50,000 Incentive For Staff To Resign Amid Federal Worker Layoffs

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Key Takeaways: The SEC is offering a $50,000 incentive to employees who leave the agency by April 4, a new report from Bloomberg reveals. The move comes as Elon Musk’s Department of Government Efficiency (DOGE) aims to slash government expenditures by laying off tens of thousands of federal government workers en masse. The SEC scaled back their crypto enforcement team last month as they navigated a policy shift toward the digital asset sector. The United States Securities and Exchange (SEC) is o...