Securities lawyers come to defense of former top SEC lawyer

Fifty-two attorneys, who dealt with Becker both in his two stints as the SEC’s general counsel and as colleagues in private practice, told lawmakers in a letter sent Thursday that he is “of the highest moral and ethical fiber.” They add that accusations that Becker used his position at the SEC for personal gain in the Madoff matter “makes no economic sense whatsoever,” given that he took a major pay cut to return to the SEC and leave his lucrative job as a partner at a private firm.

Read more: Securities lawyers come to defense of former top SEC lawyer — The Hill