A.G. Schneiderman Appoints Securities Watchdog As Investor Protection Bureau Chief
Seasoned Regulator and Former Assistant Attorney General to Lead Team Charged with Financial Oversight
NEW YORK – Attorney General Eric T. Schneiderman today announced the appointment of Marc B. Minor to serve as Chief of the Attorney General’s Investor Protection Bureau. In this role, Mr. Minor will be charged with enforcing New York State securities law from the bureau that has achieved record-setting settlements and vital financial industry reforms on behalf of New Yorkers. Mr. Minor worked in the Investor Protection Bureau from 2002 to 2004, a dynamic era that reinvigorated investigations of misconduct and malfeasance on Wall Street.
Eric Dinallo, Partner at Debevoise & Plimpton LLP and Former Investor Protection Bureau Chief, said, “Marc’s topflight legal talent will bolster the Investor Protection Bureau – a place he knows well from his early days serving New York. As the former Chief of this Bureau, I was proud to hire Marc and am confident he will bring the same caliber of decisive and judicious action as the Bureau’s new leader. I applaud Attorney General Schneiderman for this strong appointment and congratulate Marc on his new role.”
Marc Minor said, “I am honored to join Attorney General Schneiderman in his work to restore New Yorkers' confidence in their financial institutions by ensuring that they operate to the letter of the law. Having served not only as a regulator across the country, but also in the New York Attorney General’s Investor Protection Bureau, I know the office’s full power, and how it can be used to hold bad actors accountable and keep investors safe. This is the tradition of the office I am proud to continue as Bureau chief and I look forward to the work ahead.”
Mr. Minor has served as the Bureau of Securities Chief in the New Jersey Attorney General’s Office since April 2009. While there, he managed the administration and enforcement of New Jersey Securities Law, and brought innovative changes to its regulatory programs. Mr. Minor directed many industry investigations including securing billions in auction rate securities repurchases for investors, sanctioning firms for employing unregistered brokers, and charging fraudulent investment firms in multi-state Ponzi schemes. Mr. Minor is an active leader in the North American Securities Administrators Association, including serving this year as Chair of its Annual Policy Conference in Washington, DC.