The US Securities and Exchange Commission announced last night that two more senior officials would be leaving the regulator.
General counsel Mark Cahn will leave by the end of the year in order to return to the private sector, and its trading and markets director, Robert Cook, will also depart. Cook, however, will be in place for a transitional period until a successor is integrated.
The resignation of these two figures comes on top of SEC chair Mary Schapiro's announcement that she would also be leaving the regulator in December, after a lengthy career between the SEC and the Commodity Futures Trading Commission (CFTC).
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