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flag SEC enforcement director Margaret Ryan resigns after 6 months, amid staffing cuts and reduced enforcement activity.

flag Margaret Ryan, the Securities and Exchange Commission’s enforcement director, has resigned after serving for just over six months. flag Appointed in September 2025 by SEC Chair Paul Atkins, Ryan led efforts to refocus enforcement on fraud and market manipulation while reducing compliance-driven cases. flag Her departure comes amid staffing reductions, a decline in enforcement activity, and the dismissal of several crypto-related investigations. flag The SEC confirmed her resignation took effect immediately, with Sam Waldon named as acting director. flag A permanent replacement is expected in the coming weeks. flag The agency stated enforcement operations remain ongoing and stable.

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