Ex-SEC Enforcement Head To Rejoin Milbank Tweed

Feb 14 2014 | 8:02am ET

The Securities and Exchange Commission's former enforcement co-chief is returning to the law firm he left to join the SEC in 2009.

George Canellos was named global head of litigation at Milbank Tweed Hadley & McCloy. He'll officially return to the firm in March, becoming the latest former regulator or prosecutor to move from accusing to defending.

Canellos left the SEC last month, after just a year at the enforcement division's head. He joined the SEC as head of its New York office in the wake of the Bernard Madoff scandal, and oversaw the insider-trading investigations of Galleon Group and SAC Capital Advisors. In 2012, he moved to Washington as deputy director of enforcement.

Prior to joining Milbank, Canellos was a federal prosecutor in New York, working under former U.S. Attorney Mary Jo White—now the chairman of the SEC, who appointed Canellos to the top enforcement post.

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