SEC Enforcement Gets Co-Chiefs

Apr 23 2013 | 12:41pm ET

The Securities and Exchange Commission named two longtime colleagues of new Chairman Mary Jo White to lead its enforcement division.

Andrew Ceresney and George Canellos will head the unit, White said yesterday. Both men have long histories with White; both worked with her at the Manhattan U.S. Attorney's Office, which she led in the 1990s and early 2000s, and Ceresney worked with White at law firm Debevoise & Plimpton.

The two men are also friends.

"George and Andrew are two of the best lawyers and finest people I know," White said in a statement. "They are a perfect combination to lead the talented enforcement division professionals who protect investors and keep our markets safe and vibrant."

Canellos has served as interim head of the unit since Robert Khuzami's departure in February. He became Khuzami's deputy last year after a stint as head of the SEC's New York office.

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