A former Securities and Exchange Commission (SEC) official facing federal felony charges for allegedly using confidential agency information to help him land the top compliance post at a private equity firm has pled guilty to a misdemeanor in federal court.

Michael Cohn, a former SEC securities compliance examiner, was charged in February 2019 with obstruction of justice, unauthorized computer access, and unauthorized disclosure of confidential information in connection with the SEC’s investigation into GPB Capital Holdings, a Long Island-based firm under investigation by the SEC and several other federal and state agencies.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...