The
Schonfeld, currently an associate regional director for enforcement in the Northeast region, has been co-managing a team of lawyers, accountants and investigators tasked with tracking and prosecuting securities fraudsters, including mutual fund trading practices, accounting fraud, insider trading, broker/dealer practices and Internet fraud.
Prior to joining the SEC in 1996, Schonfeld was a litigation associate with the law firm
The Commission has also appointed Merri Jo Gilette as regional director of its Midwest regional office. Gilette, a veteran of the SEC since 1986, will oversee both enforcement and examination programs in the region, made up of nine states.
Her many accomplishments include a financial fraud case against the largest non-profit healthcare firm in Pennsylvania and $71 million fraud case against an investment adviser who reinvested munis bond proceeds on behalf of local school districts. Gillette succeeds former director Mary Keefe, who has also decided to head for the private sector. She is expected to assume the position in late June.