About 500 staffers at the Securities & Exchange Commission have agreed to leave the agency in response to its $50,000 buyout and deferred-resignation offers, according to people with direct knowledge of the matter.
The divisions of enforcement, exams and the office of the general counsel will experience some of the more significant departures, the people said, asking not to be identified discussing non-public information. The number may climb even higher as additional people accept the buyout ahead of Friday’s deadline for the $50,000 incentive. Some of the departures may not take place until later this year.
The total represents about ...
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