The SEC announced today that senior enforcement official Daniel M. Hawke will be leaving the agency after 16 years of service. Hawke is currently the Chief of the Division of Enforcement’s Market Abuse Unit, and he also previously served as Regional Director of the SEC’s Philadelphia Regional Office from 2006-2013. The SEC stated that Hawke will return to the private sector.
Hawke has been Chief of the SEC’s specialized Market Abuse Unit since it was formed in January 2010. The Market Abuse Unit, which now has more than 60 attorneys and industry specialists across eight offices, is responsible for pursuing “hard-to-detect insider trading activity, market structure violations, market manipulation, and other trading abuses.”
