Craig Welter
About Craig Welter
Craig Welter serves as Senior Counsel in the Asset Management Unit of the Division of Enforcement at the U.S. Securities and Exchange Commission. He has extensive experience in prosecuting violations in the asset management industry and has received recognition for his work on complex securities law cases.
Current Role at U.S. Securities and Exchange Commission
Craig Welter currently serves as Senior Counsel in the Asset Management Unit within the Division of Enforcement at the U.S. Securities and Exchange Commission (SEC). He has held this position since 2021, working from New York, New York. In this role, he focuses on prosecuting violations in the asset management industry, with a particular emphasis on cases involving innovative financial technologies.
Previous Experience at U.S. Securities and Exchange Commission
Welter has extensive experience at the SEC, having worked in various capacities. He served as Senior Counsel in the Division of Enforcement from 2000 to 2009, and as Senior Investigator in the Office of the Inspector General from 2009 to 2012. Additionally, he acted as Counsel to the Inspector General from 2012 to 2014. His tenure at the SEC has equipped him with significant expertise in securities law.
Legal Career at United States Attorney's Office
Before his current role, Craig Welter worked as a Special Assistant United States Attorney at the United States Attorney's Office for the Eastern District of Virginia in 2005. This position was a detail from the SEC and lasted for 11 months in Alexandria, Virginia. His experience in this role contributed to his legal acumen in prosecuting financial crimes.
Education and Qualifications
Craig Welter earned a Bachelor of Arts (B.A.) in Economics from Duke University, where he studied from 1990 to 1994. He later attended The College of William and Mary - Marshall Wythe Law School, obtaining his Doctor of Law (J.D.) degree from 1994 to 1997. His educational background provides a strong foundation for his work in law and finance.
Achievements in Financial Regulatory Enforcement
Welter has received recognition for his work in financial regulatory enforcement, including the Chair’s Award for Excellence for his involvement in the BlockFi case. His efforts in this case contributed to a landmark penalty of $50 million against the crypto lending platform, underscoring his expertise in handling complex securities law violations.