US SEC taps new enforcement chief amid questions over predecessor’s exit

David Woodcock steps into the role as US senators await answers to questions on the agency dropping lawsuits against Justin Sun and several crypto companies.

The US Securities and Exchange Commission (SEC) appointed David Woodcock as director of its Division of Enforcement as lawmakers press for answers on his predecessor’s departure.

In a Wednesday notice, the SEC said Woodcock would be taking over as the agency’s top enforcer starting on May 4. Sam Waldon will continue to serve as acting director of the division until then.

Woodcock, a partner at the law firm Gibson, Dunn and Crutcher, chairs that firm’s Securities Enforcement Practice Group. He previously worked as the director of the commission’s Fort Worth office from 2011 to 2015.

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