Statement Of SEC Commissioner Daniel M. Gallagher

In May I submitted my resignation to the President, effective on the appointment of my successor. Over the succeeding months, the need to bring greater clarity to my tenure has steadily grown. As a result, I recently informed the President that I intend to leave the Commission on the earlier of the appointment of my successor or Friday, October 2, 2015. It has been a great honor to serve on the Commission during such an important time.