The Securities and Exchange Commission (SEC) announced General Counsel Dan Berkovitz will depart the agency, effective Jan. 31, 2023. Megan Barbero, currently principal deputy general counsel, will be appointed general counsel upon Berkovitz’s exit.

Berkovitz was appointed the SEC’s general counsel in November 2021. He previously served as a commissioner of the Commodity Futures Trading Commission from September 2018 until October 2021. Prior to the CFTC, Berkovitz was a partner and co-chair of the futures and derivatives practice at law firm WilmerHale.

Barbero joined the SEC in July 2021 and currently advises the commission on complex legal issues relating to rulemaking initiatives and litigation strategy. Before joining the SEC, she served as deputy general counsel for the U.S. House of Representatives, where she managed strategic litigation for the House.