BusinessCompany NewsVeteran fraud investigator to leave SEC

Veteran fraud investigator to leave SEC

Linda Chatman Thomsen, who headed the Enron investigation, is to leave the US markets watchdog to return to the private sector

Linda Chatman Thomsen, the director of the division of enforcement at the
Securities and Exchange Commission who led the Enron investigation, is to return
to the private sector.

Thomsen led more than 2,000 enforcement actions and returned billions of
dollars to investors, the US markets watchdog said.

She oversaw high-profile financial fraud investigations into companies
including AIG, Fannie Mae, Tyco and dozens of insider trading cases.

Thomsen, who joined the SEC in 1995, said: ‘Working on the staff of the
Commission has been an extraordinary privilege. For nearly 14 years, I have been
surrounded by
smart, hardworking, creative, wonderful colleagues who have been devoted to

public service, this agency, and its essential mission of investor protection.’

‘There is no higher honor than to serve the public and I am grateful to have
had the opportunity to do so during my time at the Commission.’

Related Articles

Deloitte and SEC to battle it out in court over Chinese audit

Accounting Firms Deloitte and SEC to battle it out in court over Chinese audit

5y Rachael Singh, Writer
Attention turns to News Corp tax affairs

Company News Attention turns to News Corp tax affairs

6y Kevin Reed, Writer
IFRS doesn't fit with XBRL technology, says US watchdog

Accounting Standards IFRS doesn't fit with XBRL technology, says US watchdog

7y Rachael Singh, Writer
Standards chairman must be part-politician

Accounting Standards Standards chairman must be part-politician

7y Mario Christodoulou, Writer
Regulator could bar European auditors practicing in US

Audit Regulator could bar European auditors practicing in US

7y Mario Christodoulou, Writer
SEC names new CFO

Company News SEC names new CFO

8y Kevin Reed, Writer
SEC helps listed companies with XBRL

Company News SEC helps listed companies with XBRL

8y Rachael Singh, Writer
SEC to provide guidance on climate change reporting

Company News SEC to provide guidance on climate change reporting

8y Rachael Singh, Writer