The SEC has named Andrew M. Calamari to serve as Director of its New York Regional Office. Calamari has been Acting Director of the New York office since the promotion of George Canellos to Deputy Director of the Division of Enforcement in June 2012. As Director, Calamari will lead the New York office's staff of 400 enforcement attorneys, accountants, investigators, and compliance examiners. 

Calamari joined the SEC staff in 2000, and has been the Senior Associate Director and co-head of Enforcement for the New York Regional Office since 2004. Prior to joining the SEC, Calamari was in private practice for nearly 15 years, and was a litigation partner at Donovan Leisure Newton & Irvine.

Calamari's past cases include the February 2012 action against four former veteran investment bankers and traders at Credit Suisse Group for allegedly fraudulently overstating the prices of $3 billion in subprime bonds during the subprime credit crisis; and a series of cases announced in 2006 concerning the alleged misuse of finite reinsurance products that led to an $800 million settlement with AIG.

Topics