By Matt Robinson, Bloomberg News
One of the top cops at Wall Street’s main regulator is stepping down ahead of an expected shift in the agency’s enforcement priorities under President-elect Donald Trump.
Andrew J. Ceresney, 45, picked by outgoing chair Mary Jo White in 2013 to run the U.S. Securities and Exchange Commission’s enforcement division, its largest, is leaving the agency this month, according to a statement Thursday. Ceresney, a close confidante of White, embraced her “broken-windows” philosophy of securities enforcement, suing companies and individuals over minor infractions to try to prevent larger misdeeds.
The SEC increased the number of ...
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