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.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

Securities and Exchange Commission Chair Mary Jo White will step down as chair of the nation’s Wall Street overseer in January, setting the stage for a potential conservative shift in the regulator’s leadership under the incoming Donald Trump administration.