The Securities and Exchange Commission (SEC) has named Andrew M. Calamari director of the agency’s New York Regional Office, which has responsibility for the largest concentration of SEC-registered financial institutions, including more than 4,000 investment banks, investment advisors, broker-dealers, mutual funds and hedge funds.
Calamari joined the SEC staff in 2000 and has been serving as acting director of the New York office since the promotion of George Canellos to Deputy Director of the Division of Enforcement earlier this year.
He will lead a staff of 400 that includes enforcement attorneys, accountants, investigators and compliance examiners involved in the investigation and prosecution of enforcement actions and the performance of compliance inspections in the New York region.
“For the last 12 years, Andy has dedicated himself to our core mission of protecting investors,” said Robert Khuzami, director of the SEC’s Division of Enforcement, in a statement. “His tough but fair approach has won the respect of his colleagues, and his excellent judgment and strong leadership make him ideally suited to lead the New York Regional Office.”