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SEC Names David Woodcock to Lead Enforcement Division

The U.S. Securities and Exchange Commission named David Woodcock, a lawyer at Gibson, Dunn & Crutcher, as its next enforcement director, effective May 4.
Woodcock replaces Margaret Ryan, who resigned last month after six months; Ryan reportedly clashed with SEC Chairman Paul Atkins and other Republican appointees over enforcement direction.
Under President Donald Trump, the SEC overhauled its enforcement program, dismissing high-profile cases against Coinbase and Binance; 18% of enforcement staff departed last fiscal year.
Woodcock committed to lead with "professionalism and rigor" while executing the chairman's vision, as Atkins welcomed his return citing focus on misconduct harming investors.
A former director of the SEC's Fort Worth Regional Office, Woodcock is well-known to staff; Jessica Magee, a former colleague, called him a "stabilizing force.

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