The SEC reports that Erin E. Schneider has been named the associate regional director for enforcement in the San Francisco office, and will oversee the office’s enforcement efforts for northern California and the Pacific Northwest.
Schneider began working in the San Francisco office in 2005 as a staff attorney and became an assistant regional director in 2012, officials say. She has “investigated and litigated significant enforcement actions involving a variety of securities law violations,” the SEC notes, offering the following examples:
- An accounting fraud case against a Silicon Valley company that included the return of $2.5 million in CEO bonuses and stock profits under the clawback provision;
- An enforcement action against a Bay Area hedge fund manager for misappropriating millions of dollars in side-pocketed assets;
- An enforcement action against a Bay Area hedge fund manager for misappropriating millions of dollars in side-pocketed assets;
- Charges against private investment fund managers and others stemming from an investigation of secondary market trading in pre-IPO companies;
- A jury trial in San Jose, Calif., that found a Silicon Valley chief financial officer (CFO) liable for a fraudulent stock option backdating scheme.
“Erin is a savvy, accomplished, and dedicated investigator and manager,” says Andrew J. Ceresney, director of the SEC’s division of enforcement. “I am pleased that she will continue her distinguished record of service in this new role in San Francisco.”
Prior to joining the SEC, she worked as a litigation associate in the Washington D.C. and San Francisco offices of Gibson, Dunn & Crutcher, and as an auditor at PricewaterhouseCoopers.
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