SEC Names Judge Margaret Ryan as Director of the Division of Enforcement

The Securities and Exchange Commission today announced that Judge Margaret “Meg” Ryan has been named Director of the Division of Enforcement, effective Sept. 2, 2025. Acting Director of Enforcement Sam Waldon will return to his previous role as Chief Counsel for the Division. “I am thrilled to welcome Judge Ryan to the SEC,” said SEC Chairman Paul S. Atkins. “She brings to the Commission decades of experience as a respected judge and practitioner of the law. She is fulfilling a critical role. Judge Ryan will lead the Division guided by Congress’ original intent: enforcing the securities laws, particularly as they relate to fraud and manipulation.” “I thank Sam for his service since January as Acting Director of Enforcement,” Chairman Atkins continued.