SEC names new chief of enforcement unit


Michael Osnato has been named chief of the enforcement division unit that conducts investigations into complex financial instruments at the US Securities and Exchange Commission (SEC). Osnato will lead a complex financial instruments unit comprised of attorneys and industry experts across the US. The unit will investigate potential misconduct related to asset-backed securities, derivatives and other complex financial products. Osnato joined the SEC in 2008. Since 2010 he has served as an assi