SEC enforcement chief resigns amid conflict over Trump associate probe
March 24, 2026, 6:46 AM
Margaret Ryan, director of enforcement at the U.S. Securities and Exchange Commission (SEC), has resigned following internal conflicts over an investigation into associates of President Donald Trump. Reuters reported, citing multiple sources, that Ryan's attempt to indict the associates on charges including fraud was blocked by SEC Chairman Paul Atkins and other Republican-appointed officials. The investigation reportedly targeted Tron (TRX) founder Justin Sun, a major backer of World Liberty Financial (WLFI), and Tesla CEO Elon Musk. Ryan stepped down about six months after her appointment. The SEC has not commented on the specific reasons for her departure.
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