Head of market abuse unit, U.S. SEC’s Hawke, to depart agency

Publisher: Reuters
Author: Sarah Lynch

Daniel Hawke, a 16-year veteran at the Securities and Exchange Commission who helped lead major high-profile enforcement cases against stock exchanges and brokerages, is planning to leave the agency in August, the SEC© announced on Wednesday.

Hawke, who heads the SEC© enforcement division’s market abuse unit, is a well-known figure among defense attorneys and on Wall Street, where for the last few years he has presided over a crackdown on violations of equity market structure rules and pursued new methods for detecting insider trading.

The SEC© did not say where Hawke, 52, is headed, but a person familiar with the matter told Reuters he will be working in Washington, D.C., for the Arnold & Porter law firm.

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