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SEC Chairman Donaldson to Resign

After two-and-one-half turbulent years as head of the commission, William Donaldson will step down at the end of this month.

> > According to Donaldson, he took the reins of the SEC at a time when "public confidence was severely undermined, reflecting the corporate and financial scandals that had shaken the nation." He added that there was still work to be done to bolster the integrity and strength of corporations and the markets, but he believed it was time to "return to the private sector and my family."
Source: CFO


Published:2005-06-01
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