WTC bomb prosecutor to lead SEC enforcement

The US Securities and Exchange Commission (SEC) has named Robert Khuzami, the former federal prosecutor who brought the case against the 1993 World Trade Center bombers, as its new director of enforcement.

Khuzami replaces Linda Thomsen, who announced her departure earlier this month. He is currently general counsel for the Americas at Deutsche Bank, but between 1993 and 2004 he worked as a federal prosecutor for the New York US Attorney's office, including three years as chief of the securities and commodities fraud task force.

The SEC has come in for intense criticism in recent months over its failure to detect the alleged fraud committed by Bernard Madoff, and will also take charge of the continuing investigation of Allen Stanford, who was tracked down - but not arrested - by the Federal Bureau of Investigation in Virginia yesterday.

See also: SEC charges Stanford with fraud 
SEC parts ways with enforcer Thomsen 
SEC incompetence and secrecy over Madoff enrages Congress