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SEC’s ex-enforcement chief clashed with bosses before leaving, Reuters sources say

Margaret Ryan resigned after six months due to conflicts over enforcement strategies, including $10 million crypto fraud settlement and handling cases tied to Trump associates.

  • The U.S. Securities and Exchange Commission's top enforcement official, Margaret Ryan, resigned abruptly after clashing with agency leaders over the direction of its enforcement program.
  • Ryan wanted to pursue cases more aggressively, including those involving President Trump's circle, but faced resistance from SEC Chair Paul Atkins and other Republican appointees.
  • Tensions arose over cases involving cryptocurrency entrepreneur Justin Sun and Tesla CEO Elon Musk, who had ties to Trump.
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WKZO broke the news in on Monday, March 23, 2026.
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