SEC appoints new enforcement director with no crypto experience

David Woodcock, a partner at U.S. law firm Gibson Dunn, has been appointed Director of the U.S. Securities and Exchange Commission's (SEC) Division of Enforcement, BeInCrypto reported. His predecessor, Margaret Ryan, resigned in late March following internal conflicts over an investigation into an associate of President Donald Trump. The outlet noted that Woodcock, who previously led the SEC's Fort Worth Regional Office from 2011 to 2015, has no experience in the cryptocurrency sector. He is set to lead the enforcement division starting on May 4.