New York Post

SEC enforcer Ceresney to shed badge

- By KEVIN DUGAN

One of Wall Street’s toughest cops is leaving the beat.

Andrew Ceresney, head of enforcemen­t at the Securities and Exchange Commission since 2013, will leave his post at the end of the year, the regulator said Thursday.

“My time as Enforcemen­t Director has been the highlight of my career,” Ceresney said in a statement.

Ceresney came to the agency from white-shoe law firm Debevoise & Plimpton after the appointmen­t of Mary Jo White as chair of the SEC.

He’s now the seventh major SEC official to leave the agency, following White’s November announceme­nt that she would leave.

Ceresney led major investigat­ions into insider-trading and marketabus­e cases, including a pending one against billionair­e investor Leon Cooperman.

He also took on Barclays and Bank of America, among scores of other targets.

“If you were putting together an all-star team of prosecutor­s, he would be on it,” Ben Lawsky, CEO of consultant The Lawsky Group, and former New York Department of Financial Services boss, told The Post.

To be sure, Ceresney’s term had bumps in the road, too. He gained a reputation for a “broken windows” approach to the markets during his tenure at the agency, bringing 2,850 enforcemen­t actions, many of which irked Wall Street types who felt unfairly put upon.

In 2014, he settled one action against 34 individual­s for a total of $2.6 million — even though it was generally felt the violations were low-level.

Ceresney said in an interview with the Wall Street Journal that he will take time off to relax and argue with his wife about TV.

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