S.E.C. Hires Young New Enforcer

Just days after two victims sued the S.E.C. for not sniffing out Bernard Madoff’s Ponzi scheme, the agency has announced a new chief operating officer for its enforcement division.

Bloomberg reports that it’s Adam Storch, a 29-year old from Goldman Sachs’ business intelligence unit. “Before joining Goldman Sachs, Storch was a senior analyst at accounting firm Deloitte & Touche and an intern at Neuberger Berman LLC,” Bloomberg writes.

Business Insider also points out that Mr. Storch is also something of a web activist. They have a screen shot of a Vote for Bill Clinton website, which apparently belong to Mr. Storch, and which appears to advocate repealing the 22nd Amendment so the former president could run again. Links appear to include “Obstacles to his re-election” and “Why Bill Clinton is Awesome.” Unfortunately, Business Insider says it was taken down shortly after they linked to it.

S.E.C. Hires Young New Enforcer