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SEC Names David Woodcock to Lead Enforcement Division
The longtime securities lawyer returns to the agency as it faces staff losses and a 20% drop in enforcement actions last fiscal year, Reuters reported.
- The U.S. Securities and Exchange Commission named David Woodcock, a lawyer at Gibson, Dunn & Crutcher, as its next enforcement director, effective May 4.
- Woodcock replaces Margaret Ryan, who resigned last month after six months; Ryan reportedly clashed with SEC Chairman Paul Atkins and other Republican appointees over enforcement direction.
- Under President Donald Trump, the SEC overhauled its enforcement program, dismissing high-profile cases against Coinbase and Binance; 18% of enforcement staff departed last fiscal year.
- Woodcock committed to lead with "professionalism and rigor" while executing the chairman's vision, as Atkins welcomed his return citing focus on misconduct harming investors.
- A former director of the SEC's Fort Worth Regional Office, Woodcock is well-known to staff; Jessica Magee, a former colleague, called him a "stabilizing force.
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Former ExxonMobil lawyer David Woodcock named SEC’s next enforcement director
The US Securities and Exchange Commission has tapped David Woodcock, a Gibson Dunn lawyer and former agency official, to be its next enforcement director after the regulator's top cop abruptly quit last month.
·New York, United States
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SEC Taps Woodcock as New Enforcement Director
After the regulator's top cop abruptly quit last month, the U.S. Securities and Exchange Commission has tapped David Woodcock, a Gibson Dunn lawyer and former agency official, to be its next enforcement director.
·Washington, United States
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Coverage Details
Total News Sources24
Leaning Left0Leaning Right3Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
C 57%
R 43%
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