SEC Appoints New Specialised Unit Chiefs to Enforcement Division, Adds New "Cooperation Initiative"
14 Jan 2010
This week the Securities and Exchange Commission (SEC) has yet again proved that it wants the industry to be afraid, be very afraid. Last year witnessed the appointment of Robert Khuzami as head of its new and improved enforcement division and the regulator has now added yet more members to the cause with the appointment of the leaders of five new specialised units. The agency has also added a new “cooperation initiative” aimed at making it easier for witnesses to give evidence in insider trading cases.
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