The Securities and Exchange Commission has appointed David Woodcock, a partner at Gibson Dunn, to head its enforcement unit, according to a report by the FT. Woodcock previously led the SEC’s Fort Worth office, which faced criticism for its handling of the $7bn Allen Stanford Ponzi scheme.
The appointment comes as SEC Chair Paul Atkins pursues a more business-friendly regulatory approach, scaling back aggressive enforcement programs from the Biden era. Atkins highlighted the division’s renewed f...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.
Alternative Investment News