SEC selects new associate enforcement division director

Scott W. Friestad was named associate director of the SEC's enforcement division, according to a news release from the agency. Mr. Friestad will assist in planning and directing investigations and other enforcement efforts. He replaces Tom Newkirk, who left the SEC in November, said spokesman John Nester. Mr. Friestad was assistant director in the enforcement division, and a replacement has not yet been named for that position, Mr. Nester said.