The Currency analytics
By Evie Vavasseur
The SEC just hired two new deputy directors for its enforcement arm. Paul H. Tzur and David M.
Tzur came over from the U.S. Attorney's Office in Chicago, where he spent years going after big-name financial crimes.
Before landing at the SEC, Morrell worked at the Department of Justice handling messy litigation cases.
The enforcement division basically acts as the SEC's police force. These folks investigate when companies or individuals break securities laws - think fraud, insider trading, all…
Both new directors are walking into some serious challenges right off the bat. The crypto market keeps growing like crazy, and regulators can't seem to keep up with all the new…
Tzur's big on teamwork. "We need to work closely with other divisions and federal agencies," he said in a recent interview.
Morrell's more focused on fixing the system from the inside. He wants better processes and stronger policies.
The enforcement division carries serious weight in financial markets. When they go after someone, it sends shockwaves through Wall Street and beyond.
And these two complement each other pretty well. Tzur brings the courtroom experience while Morrell handles the policy side.
The SEC's been under fire lately for how it's handled some major cases. Remember those big enforcement actions against financial institutions?
Grewal, who's been running enforcement since 2021, seems pretty happy with his new team. He commented on January 12 that their different backgrounds will make the division…
But here's the thing - both Tzur and Morrell still need Senate confirmation. That's just how it works with these high-level appointments.
The timing couldn't be more interesting. On January 10, the SEC got grilled during a congressional hearing about crypto regulations.
The enforcement division's workload has been absolutely crazy lately. In 2025, they started more investigations than ever before in the agency's history.
On January 15, both new directors are scheduled to meet with representatives from major investment firms.