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U S SEC picks first woman of color to lead enforcement
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United StatesU.S. SEC picks first woman of color to lead enforcement
ReutersChris Prentice
2 minutes read
The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst
The U.S. Securities and Exchange Commission on Thursday named former federal prosecutor Alex Oh as its new head of enforcement, the first woman of color to lead the division, which plays a crucial role in policing U.S. financial markets.
The appointment of Oh, a native of Seoul who moved to Maryland when she was 11, is the first big move under Chair Gary Gensler and comes amid a diversity push by President Joe Biden s administration.
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The contentious relationship between the four trustees and Mayor Ian Banks heated up when Banks attempted to name Yagel to replace Lasker.
Banks and Yagel claimed Lasker forfeited his seat when he didn t meet the deadline to take the oath of office after winning in September. Lasker and the trustees attorney denied the claim, leading to separate meetings run by Banks and Yagel and the official sessions by the four trustees.
In unofficial tallies, Lasker and Greenberg received 475 and 476 votes, respectively. Yagel, a former mayor and trustee who recently lost a Legislature contest, and Wilson got 259 and 273.
Yagel, who has been critical of Lasker and the trustees, advised the new board – as difficult as it may be at times – to represent all the people and not the special interests.