PANews reported on August 22nd that the SEC announced the appointment of Judge Margaret "Meg" Ryan as Director of the Division of Enforcement, effective September 2, 2025. Former Acting Director Sam Waldon will return as Chief Legal Counsel for the Division of Enforcement. Ryan, a former senior judge on the United States Court of Appeals for the Armed Forces and currently a lecturer in military law at Harvard Law School, has served at various law firms and the U.S. Supreme Court.


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