Dan Gallagher, chief legal officer at the financial services firm Robinhood, said Friday that he is not interested in chairing the Securities and Exchange Commission (SEC) in President-elect Trump’s second administration.

Dan Gallagher, the top lawyer at Robinhood Markets Inc., has removed himself from consideration to lead the US Securities and Exchange Commission under President-elect Donald Trump.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureTrump Promises Could Have Seismic Impact on Washington EconomyNYC Gets Historic Push for 80,

Robinhood Markets' Chief Legal Officer Dan Gallagher on Friday withdrew from consideration for chair of the Securities and Exchange Commission in the Trump administration, leaving other Republican former SEC officials among the top candidates.

Dan Gallagher, the Chief Legal Officer at Robinhood, is being considered as a potential candidate for the role of SEC Chair.