SEC Hires Milbank Tweed Litigator To Lead NY Office

Law360, New York (June 2, 2009, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission has tapped Milbank Tweed Hadley & McCloy LLP partner George Canellos to head its New York office.

SEC Chairman Mary Schapiro announced the appointment Tuesday, saying Canellos would provide “rigorous oversight” of Wall Street and restore investor confidence as the region's new director.

“George Canellos exemplifies precisely the kind of high-caliber professional we are trying to recruit to join our talented New York office staff,” Schapiro said.

The appointment comes as the commission remains under political pressure to step up...
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