Robert Khuzami

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Robert Khuzami
Robert Khuzami.jpg
Occupation Enforcement Director
Employer Securities and Exchange Commission
Location Washington, D.C.
Website www.sec.gov

Robert Khuzami is the Securities and Exchange Commission (SEC) enforcement director. He was named to the position on Feb. 19, 2009.[1] On January 9, 2013, he announced he was leaving the agency. [2] [3]

Khuzami led the SEC's enforcement division’s pursuit of financial industry wrongdoing related to the subprime crisis. He undertook the largest reorganization in history of the enforcement division, creating five specialized units in structured products, asset management, market abuse, municipal securities and corporate bribery. He also helped to establish a new Office of Market Intelligence, which created a central database and method for analyzing all tips, complaints and referrals.

Background[edit]

Prior to taking the top enforcement position at the SEC, Khuzami was the top legal officer at Deutsche Bank from 2004.[4]

Before that, Khuzami served at the U.S. Attorney's office in Manhattan for 11 years, prosecuting insider trading cases, Ponzi schemes and other financial cases.

Khuzami also prosecuted the "Blind Sheik" Omar Ahmed Ali Abdel Rahman for the 1993 bombing of the World Trade Center in New York. Ten defendants were convicted in the legal proceedings.

Khuzami replaced Linda Thomsen, who held the position since May 2005. Thomsen and other high ranking officials at SEC came under major criticism for their failure to uncover Bernard Madoff's $50 billion Ponzi scheme.[5]

Awards[edit]

In the 1990s, Khuzami was awarded the Attorney General's Award for Exceptional Service, as well as the Federal Law Enforcement Foundation's Federal Prosecutor Award.

In 2001, he was granted the Henry L. Stimson award for outstanding public service in 2001.

Education[edit]

Khuzami received his J.D. from the Boston University School of Law, and in 1979 graduated magna cum laude from the University of Rochester [6] where he was elected to Phi Beta Kappa.

References[edit]