The US Securities and Exchange Commission
(SEC) said commissioner Kathleen Casey will leave the regulator
having completed her five-year term on 5 June.
“I feel fortunate to have served on the
commission during such a critical time and alongside such talented,
hardworking and dedicated professionals,” Casey said in a
statement.
Casey recently announced her support for US
companies to be allowed to report under IFRS and called for the
country to move towards IFRS adoption.
Casey was one of the five commissioners
appointed to the regulator by the previous President, George
Bush.
The nominations committee is still currently
considering who will take over her Republican seat at the SEC but
someone is expected to be announced in the coming months.
