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Acting SEC Enforcement Director Berger to Step Down
Berger presided over the enforcement division when it launched the Ripple lawsuit.
The U.S. Securities and Exchange Commission's Acting Enforcement Director Marc Berger will leave the agency this month, the SEC said Tuesday.
STORY CONTINUES BELOW
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- Berger assumed SEC's top investigative post after former Director Stephanie Avakian's departure at the end of 2020. He had been moving up the agency ranks since December 2017.
- SEC said Berger presided over the agency's prosecution of the Telegram initial coin offering and its initiation of the unregistered securities suit against Ripple Labs.
- Enforcement staff pursued "meaningful relief" for victims of cryptocurrency fraud during Berger's tenure, SEC said.
Danny Nelson
Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.
