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SEC appoints Alex Oh to lead Enforcement Division

By Aaron Nicodemus2021-04-22T17:38:00+01:00 New Securities and Exchange Commission (SEC) Chair Gary Gensler has made his first key appointment: Alex Oh as director of the Division of Enforcement. Oh, named to the post Thursday, was most recently a partner at Paul, Weiss, Rifkind, Wharton & Garrison, where she was co-chair of the law firm’s Anti-Corruption & Foreign Corrupt Practices Act (FCPA) practice group. She previously served as an assistant U.S. attorney in the Criminal Division of the U.S. Attorney’s Office for the Southern District of New York, where she was a member of the Securities & Commodities Fraud Task Force and the Major Crimes Unit.

GameStop stock surge: Robinhood more aligned with wealthy

USA TODAY For one shining moment in January, it looked as if the stock trading app and retail brokerage Robinhood had lived up to its namesake – the rabble-rousing outlaw of English folklore. In the hands of a merry band of Reddit traders, Robinhood helped to bring a group of short-selling hedge funds to their knees and many people cheered – delighted to see wealth stripped from a few members of the billionaire class after decades in which wealth has been increasingly consolidated in the hands of the very few. Our customers have shown the world that investing is for everyone, Robinhood said on its website, not just institutional investors and hedge funds.

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