SEC Complex Financial Instruments Unit Gets New Chief

Jan 10 2014 | 1:25pm ET

The Securities and Exchange Commission has a new top cop on the complex financial instruments beat.

Michael Osnato was named head of the four-year-old complex instruments unit, one of five specialized enforcement units at the regulator, this week. The unit was formerly known as the structured and new products unit.

Osnato has been with the SEC since 2008, and was named an assistant director at its New York office in 2010. During his time at the SEC, he worked on cases against JPMorgan Chase and Credit Suisse.

"Michael is a natural leader who brings keen investigative instincts and exceptional judgment to his work," SEC enforcement co-chief Andrew Ceresney said. "He has been a valuable part of our efforts to punish misconduct related to complex financial instruments, and we are pleased that he will bring his considerable talents and skills to the unit."


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...