SEC enforcement chief steps down just days after appointment

Cointelegraph

Published Apr 30, 2021 04:05AM ET

Updated Apr 30, 2021 05:40AM ET

The United States Securities and Exchange Commission new enforcement chief, Alex Oh, has resigned from her position with the Securities and Exchange Commission just days after taking the role.

According to an official SEC announcement, Oh stepped down for personal reasons. However, in Oh’s resignation letter to Chairman Gary Gensler — as seen by Bloomberg — the former enforcement chief revealed she was stepping down to avoid becoming a distraction, as she deals with controversies arising from a case she worked in the past.

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