ChainCatcher news, according to Bloomberg, informed sources revealed that Richard Farley, a partner at Kramer Levin Naftalis & Frankel, and Norm Champ, a partner at Katten Muchin Rosenman LLP, are among the candidates to succeed Gary Gensler as the chairman of the U.S. Securities and Exchange Commission.Other informed sources indicated that Dan Gallagher, legal chief of Robinhood Markets Inc., current SEC commissioner Mark Uyeda, and former Commodity Futures Trading Commission chairman Heath Tarbert are also under consideration. Informed sources stated that former SEC commissioner Paul Atkins and Willkie Farr & Gallagher partner Robert Stebbins are also in the running.Some informed sources said that members of President-elect Donald Trump's transition team and other advisors began discussions with potential candidates after the election. Discussions are ongoing, and candidates may not be finalized for several weeks. Regardless of Trump's choice, the next chairman of the SEC is likely to closely review major rules from the Gensler era that are yet to be implemented or have not yet taken effect, and seek to reduce regulation on the digital asset industry to comply with securities laws.