The SEC is shifting its attention from crimes related to the financial crisis to malfeasance in derivatives and other complicated financial instruments.
Andrew Ceresney, the co-director of the agency's enforcement division, speaking this week at a conference sponsored by the Practising Law Institute in New York, said the agency would also concentrate its efforts on market structure and implementation of rules.
The reorganization of the enforcement division began in July, when programs were initiated to crack down on financial reporting fraud, microcap fraud and to improve its risk analysis capabilities.
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