Tuesday, December 12, 2006

Former SEC enforcement chief to join JP Morgan Chase

Stephen Cutler, who until last year was head of the SEC's Division of Enforcement, has left his temporary port-of-call at Washington law firm WilmerHale to become the General Counsel of JP Morgan Chase & Co. Apparently 18 months is the appropriate amount of time you need to wait before you go from investigating a firm to working for it without it looking really improper. (I guess he learned that lesson from his predecessor, Richard Walker, who didn't bother with such appearances of propriety when he jumped to Deutsche Bank.)

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