CREATE USER and ALTER USER have an automatic commit side effect. DDL statements have automatic commit side effect (there may be exceptions, but I cannot think of any). The SAP based Help has been updated to indicate that CREATE USER has an automatic commit but the same was not done for ALTER USER. I have reported that documentation issue.
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I believe that there is also a side affect on server-side connection pooling, in that the cache is cleared when ALTER USER is executed.
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