The SEC appoints David Woodcock as Enforcement Chief, focusing on cryptocurrency enforcement.

ME News message, April 9 (UTC+8), the U.S. Securities and Exchange Commission announced the appointment of David Woodcock as the new head of its enforcement division, succeeding the departing director. Woodcock previously served as the director of the SEC Fort Worth office (2011–2015), overseeing enforcement attorneys, review staff, and the accounting team, and taking part in investigations across nearly all major enforcement areas. Recently, he has been a partner at the law firm Gibson Dunn. Notably, Woodcock has no clear background in the crypto industry, and this appointment comes at a time when the SEC’s crypto enforcement efforts have drawn controversy. Previously, disagreements over case handling and enforcement standards led to the previous head’s relatively short tenure and drew attention from Congress. SEC Chairman Paul Atkins said this appointment will help strengthen the crackdown on “misconduct that causes the greatest harm to investors.” (Source: ODaily)