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

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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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By : Securex /July 31, 2015 /Compliance, SEC News and Public Statement /0 Comment