The U.S. Securities and Exchange Commission (SEC) is planning to cut its regional directors as part of a cost reduction initiative under scrutiny from the Trump administration, according to multiple sources. This move is aimed at streamlining the agency's operations and reducing expenses. The restructuring plan involves removing all SEC regional directors, suggesting a shift towards a more centralized and leaner model driven directly from Washington, D.C. This decision comes amidst broader efforts to enhance government efficiency and coincides with an ongoing investigation by the Department of Government Efficiency (DOGE).