Reuters
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. Oh, who most recently worked for Paul, Weiss, Rifkind, Wharton & Garrison Llp in Washington, has extensive trial experience and was previously an assistant U.S. attorney in the Criminal Division of the U.S. Attorney's Office in Manhattan.