The Market Abuse Unit as a Response to the Call for Specialized Federal Securities Law Enforcement

in Events, Videos
February 8th, 2012

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A lecture by Daniel M. Hawke (LAW 1989), National Unit Chief, Market Abuse Unit, Division of Enforcement and Director, Philadelphia Regional Office, U.S. Securities and Exchange Commission, February 8, 2012.

Dan Hawke is the Unit Chief of the SEC Division of Enforcement’s Market Abuse Unit and the Director of its Philadelphia Regional Office.  In his capacity as Unit Chief, Mr. Hawke oversees nationwide investigations into large-scale insider trading networks and rings – so-called “organized” insider-trading, large cap market manipulations, system-based and platform-driven trading violations such as front running, collusive trading, best execution and abusive short selling violations as well as other systemic, institutional regulatory violations, internal control violations and other abusive market practices.  In his capacity as Regional Director, Mr. Hawke oversees the Commission’s regulation and enforcement programs in Pennsylvania, Delaware, Maryland, Virginia, West Virginia and the District of Columbia.

Mr. Hawke joined the SEC’s Philadelphia Office in March 2005 as head of its enforcement program.  Between 1999 and 2005, he served as a Branch Chief and Senior Counsel in the SEC’s Division of Enforcement in Washington, D.C. where he was involved in bringing significant enforcement actions involving public company accounting and financial disclosure, broker dealer regulation, insider trading and Regulation FD.

He is the recipient of the Commission’s Stanley Sporkin Award and the Ellen B. Ross Award.

Prior to joining the Commission, Mr. Hawke was a litigation partner at the law firm of Tucker, Flyer & Lewis in Washington, D.C.  Mr. Hawke, 48, is a 1989 graduate of Boston University School of Law, where he was Editor-in-Chief of the Boston University International Law Journal, and a 1985 graduate of Tulane University where he received his bachelor’s degree in political science.

This event was sponsored by the Center for Finance, Law & Policy and cosponsored by the Graduate Program in Banking and Financial Law, the Review of Banking and Financial Law, and the Boston Bar Association.

Press Coverage:

“SEC’s Hawke warns the young on insider trading”, by Ross Kerber, Reuters

“SEC cop says scammers often top feds in tech”, by Jerry Kronenberg, Boston Herald