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Financial Services Law Insights and Observations

FFETF Director Departs; Senate Confirms DOJ Civil Division Assistant Attorney General

DOJ Enforcement

Financial Crimes

On July 31, the DOJ announced the departure of Financial Fraud Enforcement Task Force (FFETF) Executive Director Michael Bresnick, effective August 1, 2013. The DOJ describes the FFETF, which was created in 2009, as the broadest coalition of law enforcement, investigatory and regulatory agencies ever assembled to combat financial fraud. Mr. Bresnick has led the FFETF since October 2011, and departed to join a private law practice. On the same day, the Senate voted to confirm Stuart Delery as Assistant Attorney General for DOJ’s Civil Division. Mr. Delery had been filling that position on an acting basis, prior to which time he held several other positions within the department.  He joined the DOJ in January 2009 as Chief of Staff and Counselor to the Deputy Attorney General and later served as Associate Deputy Attorney General and Senior Counselor to the Attorney General.

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