SEC Enforcement Head Resigns 1 Week After Being Hired
By Dean Seal (April 28, 2021, 5:46 PM EDT) -- The U.S. Securities and Exchange Commission said Wednesday that the enforcement director it hired last week has resigned, just days after a federal judge raised the prospect of sanctions in a case she had recently handled as a corporate defense attorney.
The agency cited "personal reasons" as the cause of Alex Oh's departure, which comes only a week after the SEC announced that the former prosecutor and two-decade Paul Weiss Rifkind Wharton & Garrison LLP alum had been tapped as the enforcement division's new director.
Former acting Enforcement Director Melissa R. Hodgman will return to that role, the SEC said Wednesday....
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