Gurbir S. Grewal was named enforcement director for the Securities and Exchange Commission, the agency said Tuesday.
Mr. Grewal has served as New Jersey attorney general since 2018, and he will assume the SEC position July 26.
SEC Chairman Gary Gensler said in a statement that Mr. Grewal "has the ideal combination of experience, values, and leadership ability to helm the enforcement division at this critical time. I look forward to working closely with him to protect investors and root out wrongdoing in our markets."
Acting enforcement director Melissa Hodgman will continue to be an important adviser, Mr. Gensler said.