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SEC Appoints Judge Margaret Ryan as Enforcement Division Director

Margaret “Meg” Ryan, a former senior judge at the U.S. Armed Forces Court of Appeals, will take over the SEC’s Enforcement Division on September 2, 2025, succeeding Sam Waldon.

Summary

The SEC announced that Margaret “Meg” Ryan has been appointed as the new Director of the Division of Enforcement, effective September 2, 2025. Ryan previously served as a senior judge at the U.S. Armed Forces Court of Appeals. She will replace Sam Waldon, who will return to his role as Chief Legal Counsel for the division.

Terms & Concepts
  • SEC Division of Enforcement: A division of the U.S. Securities and Exchange Commission responsible for investigating securities law violations and prosecuting civil enforcement actions.
  • Director of Enforcement: The official leading the SEC’s enforcement division, overseeing investigations and legal actions related to securities law violations.
  • U.S. Securities and Exchange Commission (SEC): The federal agency responsible for regulating U.S. securities markets and protecting investors through enforcement of securities laws.