Source: Reuters (via feed)
The U.S. Securities and Exchange Commission’s top enforcement official left the agency last week. Three people familiar with the matter said the official clashed with agency leaders. The disputes focused on the direction of the SEC’s enforcement program. These clashes included disagreements over cases with ties to President Donald Trump and his family.
BizTrendWire Insight:
The departure of a key enforcement official followed disagreements about enforcement case management. Such events can affect the administrative functioning of regulatory bodies.
The departure of a key enforcement official followed disagreements about enforcement case management. Such events can affect the administrative functioning of regulatory bodies.
