Introducing Kristina Littman

The SEC has ushered in a new era of investor protection with the appointment of Kristina Littman as the Chief of the Division of Enforcement’s Cyber Unit, announced on December 2. This move signals a heightened focus on combating cyber-related misconduct that threatens the integrity of our financial markets.

From Staff Attorney to Cyber Chief

Littman’s journey began in 2010 as a staff attorney in the SEC’s Division of Enforcement. Over the years, she’s climbed the ranks, showcasing her expertise while holding pivotal roles in both the Market Abuse Unit and the Trial Unit. Her innovative approach has caught the eye of Chairman Jay Clayton, who recognized her as a tireless defender of investors. “She will be an excellent leader for the Cyber Unit,” he declared, underscoring her instrumental role in this important team.

A Personal Touch: Littman Speaks

When asked about her new role, Littman expressed her excitement and commitment, stating, “I am thrilled to work with talented women and men who have led the SEC’s efforts to pursue cyber-related misconduct.” This speaks volumes about her collaborative mindset and dedication to a united front against cyber threats.

Experience Beyond the SEC

Before her tenure at the SEC, Littman specialized in white-collar and securities litigation in the greater Philadelphia area. She also gained valuable experience as a judicial law clerk in New Jersey’s Appellate Division. Her well-rounded background positions her uniquely to handle the complexities of cyber-related enforcement issues.

Regulatory Movements in the Crypto Space

As cyber threats mount, U.S. regulators are stepping up their game, hiring specialists focused on cryptocurrencies and digital assets. Earlier this year, the SEC onboarded a new team member who is dedicated to cryptocurrency expertise, with a juicy salary of up to $239,000. This surge in hiring reflects the urgency and seriousness with which regulators are treating the evolving landscape of digital currencies. Moreover, the Federal Reserve is similarly expanding its resources to explore digital currencies and stablecoins—proof that it’s an exciting time in regulatory circles!