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SEC enforcement chief Alex Oh resigns just days after taking job

Section: Daily Dispatches

By Benjamin Bain and Matt Robinson
Bloomberg News
Wednesday, April 28, 2021

The U.S. Securities and Exchange Commission's new enforcement chief abruptly resigned tpday, citing a complication in a case from her prior legal career, an early and significant setback in Chairman Gary Gensler’s tenure running the Wall Street regulator.

... Dispatch continues below ...


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Honey Badger Silver's Chad Williams
talks with Chris Marcus of Arcadia Economics

Honey Badger Silver's executive chairman, Chad Williams, tells Chris Marcus of Arcadia Economics that "inflation is here" already and that rising interest rates didn't impede gold and silver in the 1970s and won't necessarily impede them today. 

Honey Badger Silver is a Canadian silver company based in Toronto that is building a portfolio of silver and other assets. The company has a big position in Ontario's prolific Thunder Bay Silver District. The company's shares trade on the TSX Venture Exchange under the symbol TUF and over the counter in the U.S. as HBEIF. The company's internet site is here:

https://honeybadgersilver.com/

Williams' interview with Marcus is 25 minutes long and can be viewed at YouTube here:

https://www.youtube.com/watch?v=SnNg2-cMR4Q&t=4s


Alex Oh's surprise move, announced just a week after she got the job, means Gensler won't have his preferred pick leading what is arguably the agency's most important division. Melissa Hodgman, who was previously serving as acting director of the enforcement division, will return to that role, the SEC said in a statement.

"A development arose this week in one of the cases on which I worked while still in private law practice," Oh, the first Asian-American woman to head the enforcement division, said in an emailed resignation to Gensler that was reviewed by Bloomberg. 

"I have reached the conclusion that I cannot address this development without it becoming an unwelcome distraction.” ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2021-04-28/sec-enforcement-chief...

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