A Personnel Move from Boston to Washington.

[ by Howard Haykin ]

With George Canellos, the SEC Deputy Director of Enforcement named to the role of Acting Director of Enforcement, the Agency selected David Bergers on Thursday as the Agency's Acting Deputy Director of Enforcement.  Mr. Bergers currently serves as Director of the SEC Boston Regional .  The move is effective 2/8/13, when current Enforcement Director Robert Khuzami leaves the SEC.

SEC Chairman Elisse Walter said this about Mr. Bergers:  “David is an extremely talented attorney who has a successful track record leading the Boston Regional Office.  Having worked at the SEC for 13 years, he has a deep understanding of the division, agency, and laws we enforce.  And, he has a true appreciation for the significant impact that the work of the SEC has on investors.”

Mr. Bergers, 45, has headed the ... SEC’s Boston Regional Office since 2006.  This office oversees over 1100 IAs, 60 MFs complexes, and 375 BDs in MA, CT, NH, ME, VT and RI.  He first joined the SEC in 1998, then left in 2000, only to return in 2001. 

As head of SEC enforcement in Boston, Mr. Bergers has headed hundreds of SEC investigations into investment and financial fraud, insider trading, and other securities law violations.   Mr. Bergers received the SEC’s Stanley Sporkin Award in 2010 for his leadership in reorganizing the SEC’s Enforcement Division to streamline management structure and create five specialized units.  He also received the SEC and NTEU Labor-Management Relations Award in 2011 and 2012 for his work on a union-management team that helped restructure the SEC’s national exam program.  He also was one of several SEC enforcement staffers who received the SEC’s Law and Policy Award for developing the SEC’s whistleblower rules that became effective in 2011.

Mr. Bergers has practiced with law firms in the Philadelphia and Boston areas, and served as a VP/Asst General Counsel for a regional BD and its affiliated IA. in Boston.  He received a Bachelor’s degree from Eastern Nazarene College and his law degree from Yale Law..   [ SEC PR 13-18, 1/31/13 ]