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Canellos, a graduate of Harvard University and Columbia University School of Law, is expected to take a more aggressive approach toward Wall Street, as his background as a prosecutor would suggest. The SEC holds the major Wall Street firms accountable to responsible business practices, something that would need to be especially prevalent in these tough times.
 
Although he is currently working for the law firm Milbank, Tweed, Hadley & McCloy, Canellos has extensive experience in investigating major financial crimes, mostly having to do with fraud. As part of New York’s Southern District’s U.S. Attorney’s Office, Canellos was the chief of the major crimes unit.

Post from: EveryJoe

Former Prosecutor Becomes NY’s SEC Chief