The United States Securities and Exchange Commission new enforcement chief, Alex Oh, has resigned from her position with the Securities and Exchange Commission just days after taking the role.
According to an official SEC announcement, Oh stepped down for personal reasons. However, in Oh’s resignation letter to Chairman Gary Gensler — as seen by Bloomberg — the former enforcement chief revealed she was stepping down to avoid becoming a distraction, as she deals with controversies arising from a case she worked in the past.
Oh was previously a partner at the Paul, Weiss, Rifkind, Wharton & Garrison private law practice, where she represented, among others, oil giant Exxon Mobil Corp. The case in question reportedly relates to Oh’s defense of Exxon against allegations that the firm had supported the torture and murder of Indonesian villagers.
Oh’s conduct during the litigation was brought into question by U.S. District Court Judge Royce Lamberth on April 26. Oh was asked to provide evidence