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SEC Top Enforcement Attorney Leaving: Report

By Editorial Staff

September 11, 2008

The top enforcement attorney at the Securities and Exchange Commission, Mark Schonfeld, is reportedly leaving next month to join a private law firm.

 

In his current position since 2004 and an employee at the SEC since 1996, Schonfeld has overseen a number of high-profile cases involving mutual fund trading abuses, insider trading, hedge funds, accounting fraud and investment banks. His most recent focus has been on subprime securities underwritten by large Wall Street firms and whether hedge funds spread rumors about them.


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