Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency.

Roisman made the announcement on Monday He had written to President Joe Biden to inform him that he was leaving the SEC at the beginning of January 2022. The SEC commissioner said he would continue working with his colleagues “to further our mission of protecting investors, maintaining fair, orderly and efficient markets, and facilitating capital formation” until his departure.