Hester Peirce Leaves the SEC: What Now Applies to Your Custody in Germany

Hester Peirce leaves the US securities regulator, the SEC, on October 2, 2026. For your portfolio in Germany that departure changes nothing directly: what you may buy, how you may custody it and what you have to pay tax on is set out in European and German law, not in the staffing of a US agency. The appointment becomes interesting at the points where American decisions feed through to products and prices that also affect European investors. This piece separates the two and names the points you can actually check in the coming days. Hester Peirce's Resignation: What Happens on October 2, 2026 Peirce announced her resignation on September 25, 2026 and published her farewell letter on the platform X. According to reports by CoinDesk and American Banker the same day, she thanked the President for the opportunity to hold the office and said she expected the agency to continue striking a balance between regulation and individual freedom of choice. Her last working day is October 2, 2026. Peirce has sat on the commission since January 2018. Her second five-year term already ended in June 2025; she stayed in office after that because US law allows a commissioner to continue working until ...