- SEC General Counsel Dan Berkowitz is resigning effective Jan. 31 after 34 years in government.
- Berkowitz had been wined and dined by disgraced FTX founder Sam Bankman-Fried and was viewed as an ally of FTX within the SEC.
- Protect the Public’s Trust, a watchdog group, uncovered emails that detailed Berkowitz’s cozy relationship with SBF and FTX.
- “If ever there were a scene to conjure up a vision of a D.C. rigged toward corrupt insiders at the expense of the little guy, it would be difficult to top this one,” Michael Chamberlain, director of Protect the Public’s Trust, told the Washington Examiner.
