SEC Appoints New Associate Enforcement Director

The Securities and Exchange Commission has named Peter H. Bresnan as an associate director in its division of Enforcement. Bresnan, who was deputy chief litigation counsel of the SEC's division of enforcement since Nov., 2001, now holds a leading role in charting the Commission's investigation and enforcement actions. Between Nov. 2003 and April 2004 Bresnan also functioned as district administrator in the SEC's Boston-area operations.
Stephen M. Cutler, director of enforcement at the SEC, praised Bresnan as "an outstanding lawyer and thinker." Cutler added, "We are fortunate that Peter will continue to contribute his extraordinary talents to the Commission's enforcement program."
Bresnan joined the SEC in 1995 as assistant chief litigation counsel and has since prosecuted numerous high-profile cases. For example, Bresnan was the lead trial counsel in the WorldCom case, which led to the largest civil penalty paid by a U.S. corporation for violating federal securities laws. Bresnan also recently directed the SEC's market timing cases against Putnam and Massachusetts Financial Services Co.

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