Municipal bond, pension enforcement chief to leave US SEC

India Infoline News Service | Mumbai |

The SEC has not named a replacement

The chief of enforcement for municipal securities and public pensions at the U.S. Securities and Exchange Commission, Elaine Greenberg, will step down in July to begin working in the private sector, the SEC said on Friday.

The SEC has not named a replacement.

Greenberg was the first head of the enforcement unit, which was created in January 2010, and led it through many major investigations and precedent-setting cases. The unit was unusual because of its dual mandate to police both municipal securities and the retirement systems for state and local employees.

Greenberg also has run the Philadelphia regional office's enforcement program since December 2006 and worked at the regulator for 25 years total.



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