August 9, 2022

U.S. securities watchdog’s enforcement division lead resigns

U.S. securities watchdog’s enforcement division lead Alex Oh has resigned due to potential conflicts of interest, according to Fox News

Oh, who was the first woman of color to lead the organization, reportedly came to the decision to design over her previous work as a lawyer, which she announced on Wednesday.

“The unusual turn of events is a blow for new Securities and Exchange Commission (SEC) chair Gary Gensler, for whom Oh was among his first big hires, and underscores the challenges of filling top agency roles with Wall Street defense attorneys,” Fox News reported.

In her resignation letter to Gensler on Wednesday, shared with reporters, Oh said a ‘development’ relating to one of her previous cases would be ‘an unwelcome distraction to the important work of the Division.'”

According to Fox’s coverage of the resignation, it was Oh’s previous work defending Exxon Mobil Corp during the time she worked as a partner at Paul, Weiss, Rifkind, Wharton & Garrison

Fox News’ source for that information requested anonymity, however, they shared details that indicated that Oh’s conflict of interest came to light because of the SEC probe into Exxon Mobile over asset valuation.

Prior to her position in the Biden administration, Oh worked as part of the leadership of Paul, Weiss’ in anti-corruption during part of her 17 years at the firm.

U.S. District Judge Royce Lamberth brought up a question about her actions during a deposition in the Exxon case, which was just one of the “slew” of Fortune 100 companies Oh worked for during her time in the private sector.

The chairman of Paul, Weiss, Brad Karp, said that he could not comment on the still ongoing litigation. However, her said that “Alex is a person of the utmost integrity and a consummate professional.”

Oh is just one of a number of administration officials that conservatives have questioned in an administration bent on undoing the work of their predecessors.

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Stephen Russel (@guest_1234027)
1 year ago

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MICHAEL (@guest_1234048)
Reply to  Stephen Russel
1 year ago

Ho??? Wow, what a last name.
Kamala The Ho, now that fits perfectly.

Charlene Sullins (@guest_1234081)
Reply to  MICHAEL
1 year ago

It’s Joe Blo and Camel Ho!

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1 year ago

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Terry Bell (@guest_1235227)
Reply to  MICHAEL
1 year ago

Its a perfect fit for the HOE !

Charlene Sullins (@guest_1234082)
Reply to  Stephen Russel
1 year ago

I am interested in this.

Powell Martha (@guest_1234054)
1 year ago

“Decision to design”?

Sharon (@guest_1234066)
1 year ago

Well Joe ant picking good people he’s a mess he can’t run nothing right

Helene Korbakis (@guest_1234099)
Reply to  Sharon
1 year ago

He can’t even find his mask!

Doug Litchfield (@guest_1234138)
1 year ago

More doubletalk of I’m guilty of something. By fading away into the democrat graveyard of smoke and mirrors, it will soon be forgotten by a short sighted Berry Sorta DA.

I user (@guest_1234151)
1 year ago

Joe Biden still want’s to wear his mask ……..well I think that is a good thing cause I don’t like looking at his lying ugly face in the first place

BC (@guest_1234193)
Reply to  I user
1 year ago

Hell IF I was that M*****F****** Ugly I wouldn’t want a mask—How about a BAG to cover ALL that 10 pounds of ugly fat he calls a head! There damn sure not a Brain inside!! Look up Ugly in the dictionary and find Bidens picture, address, phone number and family history.

john fudacz (@guest_1234319)
1 year ago

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neil schroeder (@guest_1234347)
1 year ago

Biden, the supposed president couldn’t find his way out of a paper bag. But, his son is an excellent bag man. Then there is the HO, Ho Ho Ho do you want her under your christmas tree I would rather see her nailed to a cross,

Michael S Dowling (@guest_1234411)
1 year ago

Hard to find the right kind of people for woke house jobs.. king biden must have major issues

Purple heart (@guest_1235063)
1 year ago

The rats are jumping ship already. Is this by DESIGN or what. It’s going to be a long 2 years.



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