Sanjay Wadhwa has been appointed as Deputy Director of the Division of Enforcement for the Securities and Exchange Commission, the SEC announced in a news release.
Wadhwa, who joined the SEC as a staff attorney in 2003, will begin his new role effective immediately.
Most recently, he served as the Senior Associate Director of the Division of Enforcement in the New York Regional Office. In that capacity, the SEC said he oversaw over 150 people in enforcing federal securities laws.
“Over the hundreds of investigations he has overseen, Sanjay has helped the SEC root out wrongdoing, pursue charges against those who seek to manipulate or defraud investors, and partner with criminal authorities to prosecute bad actors,” said SEC Chair Gary Gensler. “Sanjay’s breadth of experience and dedication to protecting investors make him well qualified to serve as Deputy Director of the Enforcement Division.”
In his new position Wadhwa will be working closely with Gurbir Grewal, who was appointed in June as the Director of the Division of Enforcement for the SEC.
“I look forward to working with Gurbir and the entire Enforcement Division to oversee investigations and litigation matters to help protect investors and promote integrity in the marketplace by holding wrongdoers accountable,” Wadhwa said.
Wadhwa has held other roles in the SEC’s Enforcement Division, including Deputy Chief of the Market Abuse Unit.
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