SEC enforcement chief resigns

WASHINGTON - February 9, 2009 - The SEC says Linda Thomsen is leaving to pursue opportunities in the private sector, but did not provide further details. She has been the agency's enforcement director since May 2005.

Thomsen became a lightning rod for criticism over the SEC's failure to detect the $50 billion Ponzi scheme allegedly run by money manager Bernard Madoff, despite red flags raised to the agency staff by outsiders over the course of a decade.

A replacement for Thomsen wasn't named.

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