The Securities and Exchange Commission (SEC) of US has named Matthew Solomon as chief litigation counsel in the division of enforcement.
Solomon has served as deputy chief litigation counsel since June 2012, assisting the chief litigation counsel in the supervision of the trial unit at the agency’s Washington DC headquarters as well as coordination with litigators at the SEC’s 11 regional offices around the country.
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The upcoming departure of the current chief litigation counsel, Matthew Martens, also was announced today.
Andrew Ceresney, co-director of the SEC’s division of enforcement, said: "Matt Solomon is a talented and highly accomplished litigator with a firm grasp of the securities laws and the confidence of our trial lawyers. With Matt as chief, the SEC will continue to be a formidable and feared trial threat."
Before joining the SEC staff, Solomon served as a federal prosecutor for more than 10 years. He served as an assistant US attorney in the U.S. Attorney’s Office for the District of Columbia and was later elevated to chief of that office’s fraud unit, where he supervised 25 prosecutors handling hundreds of white-collar criminal matters, including securities fraud offenses.
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By GlobalData
