US SEC Hires In-House Attorney As New Chief Of Cyber Unit

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The United States Securities and Exchange Commission has hired Kristina Littman as Chief of the Division of Enforcement's Cyber Unit, a specialized unit that aims to protect investors and markets from cyber-related misconduct.

Littman's credentialsOn Dec. 2, the SEC announced the new hire.

The press release elaborated that Littman started at the SEC's Division of Enforcement in 2010 as a staff attorney.

She has held several senior attorney positions in the Market Abuse Unit and the Trial Unit.Since August 2017, she has served as the lead advisor to SEC Chairman Jay Clayton.

"Kristy's innovative thinking and extensive experience within the Commission have made her an invaluable advisor and, most importantly, a tireless defender of America's investors She will be an excellent leader for the Cyber Unit as it continues its work in this critical and continually evolving area."

Littman herself said that she is honored to serve as Chief of the Cyber Unit.

Littman's LinkedIn profile further reveals that prior to her position at the SEC, Littman practiced law in the greater Philadelphia area, where she specialized in white-collar and securities litigation.

Prior to that position, she worked as a judicial law clerk at the New Jersey Superior Court, Appellate Division.

U.S. regulators are hiring crypto specialistsBack in the spring, the SEC hired a dedicated staff member to provide expertise on cryptocurrencies.

More recently, the United States Federal Reserve hired a manager for its Retail Payments section in Washington, D.C. This position was expected to contribute to the research of digital currencies, stablecoins and distributed ledger technologies.