WASHINGTON — The Securities and Exchange Commission wants to hire outside municipal market experts, including traders and investment bankers, to work in its reconstituted municipal and public pension fund enforcement unit, Elaine Greenberg said Friday.
Greenberg, an associate regional director in the SEC’s Philadelphia office who is heading the new unit, said in an interview that the commission is just beginning the process of staffing up the unit, which was formally created in January along with four other specialized enforcement units. The new units will create a much more structured and rigorous for process SEC officials to pursue muni cases.
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