The Financial Industry Regulatory Authority said Friday that Enforcement Executive Director James S. Shorris will leave the self-regulatory agency in April and return to the private sector.More information about the reason for Shorris’ departure or his future role were not disclosed.

“Jim has always been a steady, knowledgeable hand, motivating our lawyers and investigators and guiding the day-to-day operations of the enforcement program,” FINRA Chairman and Chief Executive Richard Ketchum said in a statement.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.