Khuzami Will Head SEC Enforcement

SEC Chairman Mary Schapiro has hired former federal prosecutor Robert Khuzami as the new Director of the Division of Enforcement, replacing Linda Thomsen, who resigned from the position under fire earlier in February.

Khuzami served as a federal prosecutor for 11 years with the United States Attorney’s Office for the Southern District of New York. As chief of that office’s Securities and Commodities Fraud Task Force for three years, Khuzami prosecuted numerous securities and white-collar criminal matters, including those involving insider trading, Ponzi schemes, accounting and financial statement fraud, organized crime infiltration of the securities markets, and IPO and investment advisor fraud. Khuzami most recently served as General Counsel for the Americas at Deutsche Bank AG.