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SEC Chief Stepping Down

 

Updated from 1:10 p.m.

Securities and Exchange Commission Chairman William Donaldson announced Wednesday that he will step down at the end of the month.

The news comes as the agency faces other top-level upheaval. Enforcement chief Steve Cutler quit last month and was replaced by Linda Thomsen. Meanwhile, SEC Commissioner Harvey Goldschmid has indicated he too intends to leave this summer. Goldschmid is one of two Democratic commissioners on the five-member SEC commission. ...

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