SEC Taps PwC Exec To Head Inspections Unit

Law360, New York (January 5, 2010, 5:34 PM EST) -- Making good on its promises to shore up its fraud detection methods after letting Bernard L. Madoff's $65 billion Ponzi scheme slip by largely unnoticed, the U.S. Securities and Exchange Commission has tapped PricewaterhouseCoopers executive Carlo V. di Florio to head up its exams and compliance office.

The SEC said Tuesday that di Florio, a partner in PwC's financial services regulatory practice, has been named director of the agency's Office of Compliance Inspections and Examinations, which is charged with probing thousands of investment advisers, broker-dealers, mutual...
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