Elaine C. Greenberg today was named chief of the SEC enforcement division’s new municipal securities and public pensions unit.
The new unit, according to an SEC news release, will focus on variety of misconduct involving municipal securities and public pension plans, including pay-to-play and other forms of corruption by public officials.
Ms. Greenberg was associate regional director of the SEC’s Philadelphia regional office.
Also, Bruce Karpati and Robert B. Kaplan were named co-chiefs of the division’s new asset management unit, which will focus on investigations involving money managers, hedge funds and private equity funds, according to the release.
Mr. Karpati was head of the SEC’s hedge fund working group; Mr. Kaplan was the enforcement division’s assistant director.
Among other personnel announcements, Daniel M. Hawke, previously director of the SEC’s Philadelphia regional office, was named chief of the division’s new market abuse unit; Kenneth R. Lench, the division’s former assistant director, was named chief of the new structured and new products unit; and Thomas A. Sporkin, who was deputy chief of the SEC’s office of Internet enforcement, will be chief of the division’s new office of market intelligence.
The new divisions are part of a restructuring of the agency’s enforcement division. Replacements for the new appointees’ previous posts have not been announced.