SEC Enforcement Adds COO Post

The Securities and Exchange Commission has named Adam Storch to the newly created position of managing executive of its Division of Enforcement. In his new role, Storch will act as the Division’s chief operating officer.

Storch will report to Robert Khuzami, the Director of the Division, who created the position as part of a restructuring he announced earlier this year, according to the SEC. The SEC says that Storch will be responsible for project management and workflow for various infrastructure and operational aspects of the Division, including budget, information technology, and administrative services. In addition, “he will oversee the workflow and process associated with the collection and distribution of Fair Funds to harmed investors,” the SEC says. Along with Lorin Reisner, the Deputy Director of the Division of Enforcement, “Storch will supervise the Office of Market Intelligence, improving the collection, analysis, risk-weighing, triage, referral, and monitoring of the hundreds of thousands of tips, complaints and referrals that the agency receives each year,” the SEC says.