Realignment for SEC

Anonymous
I know there is talk of the realignment, but when is this going to actually take place?
Anonymous
What are you talking about?
Anonymous
Huh realignment? Haven't heard a word about it
Anonymous
What do you mean?
Anonymous
Yes. They’re merging a couple of small offices and reducing head count by 1 percent. HUGE “realignment”!
Anonymous
Is that all offices? Corp Fin will go through one, but I don't know when.
Anonymous
I hope they offer the VERA for all departments this time
Anonymous
They would offer Vera again you think? When?
Anonymous
Any word on when they will be hiring enforcement attorneys?
Anonymous
The whole place will have some realignment because so many people have left. This Chairman moves unbelievably slow so maybe it will get done before 2028. Maybe they will do another VERA before doing them. I hope so. I’m finally eligible this spring.

They really should wait. A win for the Union in arbitration plus management appealing and not offering any telework will surely drive more people to leave.
Anonymous
Anonymous wrote:Any word on when they will be hiring enforcement attorneys?


They won't be to any significant degree. There is no budget and for all intents and purposes, a hiring freeze. Enforcement and Exams are the divisions this Chairman cares least about. Evidenced by the fact that Exams still has an acting director and he hired a judge with no securities law background as the head of Enforcement.
Anonymous
Anonymous wrote:Any word on when they will be hiring enforcement attorneys?


Why would they be hiring when they're scaling back?
Anonymous
Because its a pendulum?
Anonymous
This Chairman is extremely indecisive. The rumors of realignment is just that - rumors. The point to all this madness is to actually not do any meaningful work. There is still no GC. A judge with no securities law background as its ENF director. An acting director in Exams with no securities law background either. The morale is low. More people have been checking out.
Anonymous
The last time “they” removed all the guard rails we got Enron…
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