Mary Schapiro is making her mark on the SEC. Her first step was to end a year old Bush/Cox era "pilot program" that required the enforcement division run certain types of penalties by the regulatory agency's team of politically appointed commissioners.

Shapiro is also aiming to streamline the launch of new investigations by eliminating some of bureaucratic rigmarole. All in all, the Obama SEC looks to see a major shift in power away from the commissioners and back into the hands of the enforcement division.

The SEC enforcement division will also be seeing some new faces. Robert Khuzami will be stepping in as division director. Khuzamo is returning to public service from a stint at Deutsche Bank. Previously he spent a decade in the U.S. Attorneys Office for the Southern District of New York.

-- MDT

Labels: Christopher Cox, Mary Shapiro, Robert Khizami, SEC