Regulation· ★★★★· neutral·

SEC Commissioner Hester Peirce Announces Resignation Effective Oct. 2

  • —Peirce's resignation takes effect on Oct. 2
  • —She has served as an SEC commissioner since January 2018
  • —In November she will become an associate professor at Regent University School of Law
  • —Chairman Paul Atkins and Commissioner Mark Uyeda remain at the agency
Why it matters: Peirce was the crypto industry's most prominent ally at the SEC, and her departure shifts the balance at the regulator.
Source: U.Today
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