The new head of enforcement at the U.S. Securities and Exchange Commission (SEC) has stepped down less than a week after her appointment was announced.
The SEC announced that Alex Oh, a former federal prosecutor who was named the SEC’s new director of enforcement on April 22, has now resigned from the post “for personal reasons.”
In the wake of Oh’s resignation, the division will once again be headed by Melissa Hodgman, who returns to the role of acting director.
“Melissa is an exceptional attorney who has proven to be an effective leader of the enforcement division. I’m grateful that she will take on this role again and look forward to working closely with her to fulfill the mission of the SEC,” SEC chair Gary Gensler said in a release.
Hodgman had been acting director since January. She began working in the SEC’s enforcement division in 2008.