PracticeAccounting FirmsSEC recruits former PwC man as investigations head

SEC recruits former PwC man as investigations head

The SEC has appointed Carlo V di Florio to head up its compliance, inspection and examinations unit

A former PwC partner has swapped life at a firm to take on a senior role at
the Securities and Exchange Commission.

Carlo V di Florio takes up the position of director for the agency’s office
of compliance inspection and examinations – the same unit which
came
under criticism
for failing to prevent Bernard Madoff’s Ponzi
scheme.

Di Florio will be responsible for nationwide examination programs for
investment advisers, broker-dealers and credit rating agencies, among others.

He was most recently a partner in the finance services regulatory practice at
PwC and one of the firms leaders in corporate governance, ethics and enterprise
risk management.

SEC chairman Mary Schapiro said: “A strong inspections and examinations unit
is instrumental to the SEC’s investor protection efforts.”

“Investors rely on our examiners to ensure that their financial professionals
comply with the law,” she added.

Further reading:

Profession
awarded New Year’s Honours gongs

Related Articles

KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2m Emma Smith, Managing Editor
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2m Alia Shoaib, Reporter
Top 50+50: Firms fall short on diversity

Accounting Firms Top 50+50: Firms fall short on diversity

2m Alia Shoaib, Reporter
PwC’s five strategic priorities for becoming ‘the leading professional services firm’

Accounting Firms PwC’s five strategic priorities for becoming ‘the leading professional services firm’

3m Emma Smith, Managing Editor
PwC publishes 12.8% BAME pay gap

Accounting Firms PwC publishes 12.8% BAME pay gap

3m Emma Smith, Managing Editor
PwC to audit BBC pay policies following gender pay gap outrage

Accounting Firms PwC to audit BBC pay policies following gender pay gap outrage

3m Alia Shoaib, Reporter
PwC to take over from Deloitte as Diploma auditor

Accounting Firms PwC to take over from Deloitte as Diploma auditor

3m Alia Shoaib, Reporter
Deloitte rises in auditor rankings with most FTSE 250 clients

Accounting Firms Deloitte rises in auditor rankings with most FTSE 250 clients

3m Alia Shoaib, Reporter