SEC Enforcement Focus Shifts to Dodd-Frank Compliance

SEC’s Canellos cites new derivatives regulations.

George Canellos, co-chief of the U.S. Securities and Exchange Commission’s enforcement division, said investigators are turning their focus to enforcing new regulations from the 2010 Dodd Frank Act.

“You’ll see a lot of our cases geared toward showing that when new regulations are written that people must comply with them,” said Canellos, who was speaking today on a panel at a Practising Law Institute event in New York. Enforcers play a “critically important” role in shaping new rules, he said.

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