SEC enforcement chief steps down
The Securities Exchange Commissions (SEC) enforcement chief, who led the agencys enforcement overhaul in the wake of the Madoff scandal, is stepping down.
January 11, 2013 at 06:24 AM
12 minute read
The original version of this story was published on Law.com
The Securities and Exchange Commission's (SEC) enforcement chief, who led the agency's enforcement overhaul in the wake of the Madoff scandal, is stepping down. Robert Khuzami announced his plan to leave the SEC on Wednesday in a letter he sent to his staff. He said he will leave his post later this month.
Khuzami joined the SEC four years ago and was charged with restoring the enforcement department's reputation after investigators uncovered the Ponzi scheme masterminded by high-profile investment adviser Bernie Madoff. Khuzami, whose departure was expected, was one of former SEC Chairman Mary Schapiro's top lieutenants. Schapiro stepped down from her post at the end of last year.
Khuzami said in his note to staff that “the time has come” for him to leave. He also said he doesn't have a new job currently line up, and he plans to take some time off.
Read more about Khuzami's departure on The Wall Street Journal.
For more InsideCounsel stories about career moves in some of the government's top jobs, see:
Labor Secretary Hilda Solis will step down
SEC names Geoffrey Aronow general counsel
Former NLRB member joins Ogletree Deakins
First Hispanic Court of Appeals judge will join Greenberg Traurig
PTO director David Kappos will step down in January
FTC loses general counsel, gains chief privacy officer
DOJ antitrust head to step down
The Securities and Exchange Commission's (SEC) enforcement chief, who led the agency's enforcement overhaul in the wake of the Madoff scandal, is stepping down. Robert Khuzami announced his plan to leave the SEC on Wednesday in a letter he sent to his staff. He said he will leave his post later this month.
Khuzami joined the SEC four years ago and was charged with restoring the enforcement department's reputation after investigators uncovered the Ponzi scheme masterminded by high-profile investment adviser Bernie Madoff. Khuzami, whose departure was expected, was one of former SEC Chairman Mary Schapiro's top lieutenants. Schapiro stepped down from her post at the end of last year.
Khuzami said in his note to staff that “the time has come” for him to leave. He also said he doesn't have a new job currently line up, and he plans to take some time off.
Read more about Khuzami's departure on The Wall Street Journal.
For more InsideCounsel stories about career moves in some of the government's top jobs, see:
Labor Secretary Hilda Solis will step down
SEC names Geoffrey Aronow general counsel
Former NLRB member joins
First Hispanic Court of Appeals judge will join
PTO director David Kappos will step down in January
FTC loses general counsel, gains chief privacy officer
DOJ antitrust head to step down
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