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Friday, October 28, 2005

SEC Names Two Deputy Directors in Enforcement, Creates Two New Vacancies

The SEC announced yesterday that it had named Walter G. Ricciardi and Peter H. Bresnan as Deputy Directors of the Division of Enforcement.  Prior to this promotion, Ricciardi was the District Administrator of the Commission's Boston District Office and Bresnan was an Associate Director in the Division of Enforcement.  Historically, the Enforcement Division has had just one Deputy but as Broc Romanek explains on his blog, "Enforcement now follows in the footsteps of Corp Fin in maintaining two deputy director positions, as the layers of management continue to grow along with the overall size of the SEC Staff."

Of course, we now must add the positions of District Administrator of the Commission's Boston District Office and Associate Director of Enforcement to our already lengthy list of high-profile job openings in the securities regulation world.

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