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...
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