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SEC enforcement chief resigns following backlash from left – POLITICO

Alex Oh said in a resignation letter that she was leaving because of a “development” in a case on which she worked as a corporate lawyer.



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Oh walked away from the job as Gensler has faced growing concern from progressives on Capitol Hill and in the activism community about his decision to hire a long-time corporate lawyer for one of the government’s most powerful posts for overseeing the finance industry.
The episode marked a surprising political backlash from progressives who had cheered Biden’s nomination of Gensler, after the former Goldman Sachs partner emerged as a tough banking regulator when he chaired the Commodity Futures…

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