Stephen H.
About Stephen H.
Stephen H. serves as Senior Counsel in the Enforcement Division's Asset Management Unit at the U.S. Securities and Exchange Commission, where he has worked since 2000. He has a background in finance and law, having previously held positions at SBC Warburg and Moody's Investors Service, and has played a significant role in various enforcement actions and risk-analytic initiatives.
Work at U.S. Securities and Exchange Commission
Stephen H. serves as Senior Counsel in the Enforcement Division's Asset Management Unit at the U.S. Securities and Exchange Commission (SEC). He has held this position since 2000, contributing to the agency's regulatory oversight from the New York Regional Office. His responsibilities include investigating and prosecuting violations of securities laws, particularly in the asset management sector. He has played a significant role in high-profile cases, including trading suspensions of stocks involved in fraudulent activities.
Education and Expertise
Stephen H. holds a Bachelor of Science degree in Human Development from Cornell University. He furthered his education at St. John's University School of Law, where he earned his Juris Doctor degree cum laude. His academic background provides a strong foundation for his legal expertise in securities regulation and enforcement. He has developed specialized knowledge in risk analysis and hedge fund misconduct through his involvement in various initiatives.
Background in Financial Services
Before joining the SEC, Stephen H. gained experience in the financial services sector. He worked as a Data Analyst at Moody's Investors Service from 1991 to 1993 and as a Collateral Analyst at SBC Warburg from 1996 to 1997. These roles provided him with insights into financial markets and risk assessment, which he later applied in his legal career at the SEC.
Key Contributions to Securities Enforcement
Stephen H. has made significant contributions to the SEC's enforcement efforts. He was instrumental in the agency's first instance of obtaining discovery of privileged material based on the crime-fraud exception to the attorney-client privilege. Additionally, he was a founding member of the 'Aberrational Performance Inquiry' team, which focused on developing risk-analytic initiatives to identify potential hedge fund misconduct. His efforts have led to substantial penalties and disgorgements in cases of fraud.
Achievements in Legal Cases
Stephen H. has achieved notable outcomes in legal cases during his tenure at the SEC. He secured a summary judgment against chief defendants in an unregistered offering fraud case, which resulted in over $15 million in penalties and disgorgement. His work has significantly impacted the enforcement of securities laws and the protection of investors.