The Securities and Exchange Commission announced today that Mark Cahn will be its next general counsel.
Current GC David Becker announced earlier this week that he’s returning to the private sector at the end of the month. Prior to joining the SEC in 2009, he was a partner at Cleary Gottlieb Steen & Hamilton (he was also SEC GC from 2000 to 2002).
Since March 2009, Cahn has served as deputy general counsel for litigation and adjudication. Before that, he spent 20 years at Wilmer Cutler Pickering Hale and Dorr.
He’s not the only firm alum to hold a key job at the SEC -- in November, Wilmer partner Joseph Brenner was named chief counsel of the Division of Enforcement.
At the SEC, Cahn has counseled the commission on a wide variety of litigation, appellate and enforcement matters and regulatory initiatives.
"Over the past two years, Mark has shown a tremendous grasp of securities law as well as incredible judgment on a range of issues," said SEC Chairman Mary Schapiro in a written statement. "He is well-positioned to help the agency evolve and keep pace with the ever-changing markets."