The Securities and Exchange Commission has named Carlo di Florio director of the agency’s Office of Compliance Inspections and Examinations. As head of OCIE, di Florio will oversee the SEC’s nationwide examination programs for investment advisers, broker-dealers, mutual funds, credit rating agencies, and self-regulatory organizations among other entities.

“A strong inspections and examinations unit is instrumental to the SEC’s investor protection efforts," said SEC Chairman Mary Schapiro. “Carlo brings the energy, insight, and experience necessary to ensure that we keep pace with the rapid changes in the industry and continue to build upon the reforms of the past year.”

di Florio comes to the SEC from PricewaterhouseCoopers, where he was a partner in the Financial Services Regulatory Practice and one of PwC's national leaders in corporate governance, enterprise risk management, and regulatory compliance and ethics. He has extensive experience leading independent reviews and advising clients on regulatory expectations and industry-leading practices across capital markets, investment management, banking, and other financial services sectors and regulatory regimes.

At PwC, di Florio has played a leading role in strengthening the corporate governance, risk management, and regulatory compliance practice and defining new industry standards, including the Committee of Sponsoring Organizations, the Enterprise Risk Management standard, and the Open Compliance and Ethics Guidelines.

In addition to helping financial institutions strengthen corporate governance and regulatory compliance programs, di Florio has also played a leading role in numerous high-profile engagements where PwC was retained to investigate corporate fraud, corruption, conflicts of interest, and money laundering. In this regard, di Florio has directed international teams and engagements across numerous jurisdictions around the world.