Reuters: Regulatory News: SEC enforcement chief Khuzami to step down-Bloomberg

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

SEC enforcement chief Khuzami to step down-Bloomberg Dec 21st 2012, 00:26 WASHINGTON | Thu Dec 20, 2012 7:26pm EST WASHINGTON Dec 20 (Reuters) - Robert Khuzami, the head of the U.S. Securities and Exchange Commission's enforcement division, plans to step down as early as next month, Bloomberg reported on Thursday. Khuzami notified SEC Chairman Elisse Walter of his decision earlier this month, according to Bloomberg, which cited three people with knowledge of the matter. Khuzami, a former federal prosecutor and bank executive, came to the SEC in 2009 to help reshape the agency's enforcement efforts amid criticism that it missed the $65 billion Bernard Madoff Ponzi scheme and other major frauds. In his tenure with the agency, Khuzami oversaw efforts to pursue financial institutions that contributed to the subprime mortgage crisis. SEC spokesman John Nester declined comment. Khuzami did not immediately respond to a request for comment.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions