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The SEC appoints David Woodcock as Enforcement Chief, focusing on cryptocurrency enforcement.
ME News Report, April 9 (UTC+8), the U.S. Securities and Exchange Commission (SEC) announced the appointment of David Woodcock as the new head of enforcement, succeeding the previous officer who stepped down. Woodcock previously served as the director of the SEC Fort Worth office (2011–2015), overseeing enforcement attorneys, review staff, and accounting teams, and participating in investigations across nearly all major enforcement areas. Recently, he has been a partner at the law firm Gibson Dunn. Notably, Woodcock does not have a clear background in the crypto industry, and this appointment comes at a time when SEC enforcement in the crypto sector has sparked controversy. Previously, disagreements over case handling and enforcement standards led to a short tenure for the former head and drew attention from Congress. SEC Chair Paul Atkins stated that this appointment will help strengthen efforts to combat “misconduct that causes the greatest harm to investors.” (Source: ODaily)