SEC General Counsel Dan Berkovitz to Depart Agency After Reportedly Dining with SBF
- December 23, 2022
Staff, Investing
The U.S. Securities and Exchange Commission (SEC) General Counsel Dan Berkovitz will be departing the agency, the SEC announced on Thursday.
Berkovitz will depart the SEC on January 31. He’ll be replaced by Megan Barbero, currently serving as Principal Deputy General Counsel.
“After thirty-four years of public service, it is time for me to pursue new and different challenges and opportunities,” Berkovitz said. “It has been a tremendous honor and privilege to work with so many exceptionally talented and dedicated people throughout this agency to contribute to the success of SEC’s mission to enhance investor protection, strengthen our capital markets, and facilitate capital formation.” Berkovitz started working at the SEC in November of last year. Before that he worked as a Commissioner at the Commodity Futures Trading Commission (CFTC) for three years. At both agencies, Berkovitz worked with the current SEC Chair Gary Gensler.
“I am grateful for Dan’s exceptional public service and his dedication to this agency,” said Gensler. “Dan has led the Office of General Counsel during a time in which we’ve proposed critical reforms throughout the capital markets. His counsel, judgment, and leadership have been invaluable to our work at the SEC. I have been blessed to work with Dan at two great market regulators, and I congratulate him for his 34 years in public service.”