SEC Appoints Criminal Prosecutor David A.Glockner As Head Of Chicago Office

Think Chicago, think venues. The Midwestern metropolis is one of the largest financial centers in the world, and being the second largest in North America, is home to a vast array of electronic trading venues and exchanges.

Overseeing the activities of the financial markets business in Chicago along with ensuring regulations are adhered to, is therefore a major undertaking, and requires significant skill and experience, hence the appointment yesterday by The Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission (SEC) of former US Attorney David A. Glockner as director of the Chicago Regional Office.

In his former senior legal role, Mr. Glockner spent 25 years as a criminal prosecutor in the U.S. Attorney’s Office for the Northern District of Illinois, including 11 years as Chief of the Criminal Division. Since last year he has led the Chicago office of digital Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and investigations firm Stroz Friedberg LLC.

At the SEC, Mr. Glockner will oversee the Chicago office’s enforcement and examination operations covering a nine-state region in the Midwest. He will join the agency in early December.

Welcoming Mr. Glockner to his leadership role, Andrew J. Ceresney, Co-Director of the SEC’s Division of Enforcement made a public statement yesterday: “In his many years as the chief of the criminal division in the U.S. Attorney’s Office, David had a reputation for being a great leader and sound thinker. He helped that office achieve great results."

“We are extremely happy that he will be bringing his immense talents to our Chicago office, which has a rich history of outstanding enforcement actions,” concluded Mr. Ceresney.

Andrew J. Bowden, Director of the SEC’s National Exam Program, further stated that, “We are thrilled to have David join our team. Our strategic priorities include examining risks and controls around firms’ use of technology, and using quantitative tools to analyze the large data sets we acquire through our examinations. David’s experience and judgment will help us tremendously.”

Mr. Glockner, who serves as a Managing Director at Stroz Friedberg, served in the U.S. Attorney’s Office from 1987 to 2012. During his tenure as head of the Criminal Division, he supervised a wide range of investigations and prosecutions involving securities fraud, financial institution fraud, public corruption and cybercrime.

Prior to joining the U.S. Attorney’s Office, Mr. Glockner began his legal career as a law clerk to the Honorable Brian Duff of the U.S. District Court for the Northern District of Illinois.

Speaking publicly on his appointment, Mr. Glockner said, “I am honored and excited to have the opportunity to serve as the Regional Director of the SEC’s Chicago office. The talented and dedicated staff in Chicago has a long tradition of effective work to protect investors, and I look forward to working with them to continue and strengthen that tradition.”

Mr. Glockner earned his bachelor’s degree from the University of Chicago in 1982 and his J.D. from the Stanford University Law School in 1985.