First SEC enforcement director dies at 98


Sad to report.

Irving Pollack, who established the U.S. Securities and Exchange Commission’s enforcement division as its founding director in 1972, has died. He was 98.

Bloomberg News reports that he died on July 1 at his home in Rockville, Maryland, according to his daughter, Janet Swartz. She declined to give a cause.

Pollack was “a distinguished public servant” and “a man of incredible integrity who was truly passionate about securities law,” SEC Chairman Mary Jo White said in a statement. “Irving recognized the immense responsibility of the Enforcement Division to ensure honest business practices and pursued that goal vigorously.”

Before becoming an SEC commissioner himself, Pollack was a staff member for almost three decades, working in the general counsel’s office and becoming head of the trading and markets division.

To access the complete Bloomberg News article hit the link below:

Irving Pollack, First SEC Enforcement Director, Dies

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