George Canellos ’89 has been selected to head the New York regional office of the Securities and Exchange Commission. In his new role, Canellos, a former partner at Milbank, Tweed, Hadley & McCloy, will oversee the SEC’s operations in the region as the commission looks to increase oversight of Wall Street.
“One of [my highest priorities] is focusing on the examination staff,” said Canellos. “These are the securities professionals who inspect registered broker-dealers, investment advisers, and investment companies. And they are very much on the forefront of efforts to prevent and detect illegal practices in the market.”