A former senior counsel in the SEC’s enforcement division was indicted Thursday on seven counts of wire fraud, the U.S. Attorney’s Office said.
Daryl Hudson III, 59, of Washington, D.C., pleaded not guilty. If convicted, he faces up to 30 years in prison and up to a $1 million fine on each charge.... He was with the SEC from 1982 to 1985 and graduated from the Georgetown University Law Center in 1979, according to the indictment.
via Former SEC Counsel Charged With Wire Fraud — Courthouse News Service
