SEC Names PwC Partner as Director of OCIE

The SEC today announced that Carlo V. di Florio has been named Director of the agency’s Office of Compliance Inspections and Examinations (OCIE).  OCIE is the division that received so much bad press for its failure to uncover the Madoff ponzi scheme over the years.  Mr. di Florio comes to the SEC from PricewaterhouseCoopers (PwC), where he was a partner in the Financial Services Regulatory Practice.  According to the press release, he is one of PwC's national leaders in corporate governance, enterprise risk management and regulatory compliance and ethics.