SEC Ends Ban On Former Atty Of Ponzi Schemer

Law360, Houston (September 6, 2013, 7:06 PM EDT) -- The U.S. Securities and Exchange Commission lifted a ban Thursday against a former Texas-based enforcement chief who quashed an investigation into convicted Ponzi schemer Robert Allen Stanford and later attempted to privately represent the financier.

Spencer Barasch, who spent 17 years with the SEC before entering private practice as a partner with Andrews Kurth LLP, is free to represent clients before the commission, having successfully completed a one-year ban imposed against him over allegations that he violated federal conflicts of interest rules by representing Stanford....
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