DOW JONES NEWSWIRES
The Securities and Exchange Commission said Wednesday that Joan McKown, the chief counsel in its enforcement division, is leaving the agency after 24 years to work at an international law firm.
She will become a partner at the Washington, D.C., office of law firm Jones Day.
The SEC's enforcement division investigates possible violations of the federal securities laws and prosecutes the Commission's civil suits in the federal courts as well as its administrative proceedings.
Jones joined the SEC in 1986 as a staff attorney in the general counsel office. She moved to the enforcement division a year later and became its chief counsel in 1993. In that role, she spearheaded the implementation of portions of the Sarbanes-Oxley Act of 2002 and has been involved in settlement negotiations of hundreds of SEC enforcement cases, the SEC said in a release.
She received the SEC's Stanley Sporkin Award in 1994 and its Distinguished Service Award in 2004, the highest honor at the agency for an individual.
Copyright 2009 Dow Jones Newswires
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