Elad L. Roisman has announced he will resign as an SEC commissioner by the end of January,
Mr. Roisman, who became a commissioner in September 2018 following his nomination by then-President Donald J. Trump, announced his intentions in a statement on the SEC's website Monday.
In the statement, Mr. Roisman said he sent his resignation letter to President Joe Biden on Monday, and that "over the next several weeks, I remain committed to working with my fellow commissioners and the SEC's incredible staff to further our mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation."
Mr. Roisman is one of two Republicans on the SEC's five-member board, along with Hester M. Peirce.
Before his appointment to the SEC, Mr. Roisman served as chief counsel to the Senate Banking, Housing and Urban Affairs Committee.