Wushuo learned that the U.S. Securities and Exchange Commission (SEC) announced that Margaret A. Ryan, director of the Enforcement Division, has resigned, and Sam Waldon, Chief Deputy Director, will serve as Acting Director of Enforcement starting March 16. SEC Chairman Paul Atkins stated that during Ryan's tenure, the Enforcement Division refocused on securities fraud and market manipulation cases, and reduced enforcement priority on technical violations. The SEC is expected to announce a new permanent director in the coming weeks.