Truth be told, Khuzami was actually innovative at the SEC. He restructured the enforcement division, with a clearer focus on targets and a better use of its small resources. Those were the kinds of things that caught the private-sector’s eye — probably because he learned resource maximization and efficiency in the private sector to begin with.
If he had been a career bureaucrat, as some of the revolving-door critics would hope, he would be of little use to the outside world….
‘Enforcement 40’ for 2020
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