The Securities and Exchange Commission has appointed George Canellos, the current director of the New York regional office, as deputy director of the SEC’s Division of Enforcement.
Canellos will begin serving in his new role as deputy director at the SEC’s Washington headquarters on June 4, at which time Andrew Calamari, who currently serves as senior associate regional director and co-head of enforcement for the New York regional office, will become acting director of the New York regional office.
“For the past three years, George has been an incredibly effective advocate for investors and has helped the New York office take on some of the most difficult cases in the securities arena,” said SEC Chairwoman Mary Schapiro in a statement. “With his experience, he is extremely well-suited to help head an Enforcement Division that has brought a record number of cases and is pursuing a host of complex investigations.”
Robert Khuzami, director of the SEC’s Enforcement Division, said in the same statement that Canellos was “known to all as possessing a keen and uniquely probing intellect, an innovative approach to problem-solving, and a deep commitment to prosecuting wrongdoers and protecting the public. I am excited that he has agreed to bring his formidable talents to this position.”
Canellos, 47, has been director of the New York regional office since July 2009. He is a former federal prosecutor who became an assistant U.S. attorney in the Southern District of New York in 1994. He is a graduate of Harvard College and Columbia University School of Law.