This is Adam Storch, the just appointed COO of the SEC enforcement division. I know, you’re thinking, he’s not old enough to shave, has no experience in this kind of enforcement, and isn’t isn’t even a licensed broker. But you’re forgetting his most important qualification. He’s a Goldmanite and apparently has enjoyed a speedy rise through the ranks, so Goldman Sachs must indeed think he is the Right Stuff.
We shall be following young master Storch’s exploits closely. As for the timing of an ex-Goldman retention 5 days ahead of a critical hearing on dark pools, we can only surmise this is a total and complete coincidence.
Gary Weiss and Business Insider have more.