Lawyer Pushing for Inquiry Into Ex-SEC Official's New Gig
Carmen Lawrence, a high-profile former Securities and Exchange Commission official, is being accused of possibly violating federal ethics rules in seeking employment with a powerful law firm representing the New York Stock Exchange in suits related to its 1998 floor-broker scandal.
The SEC's renowned revolving door in June deposited Lawrence, the SEC's recently departed New York regional director, at the high-powered firm of Fried Frank Harris Shriver & Jacobson as a partner.
In her role at the SEC, she oversaw a highly publicized investigation of illegal floor trading at the NYSE, one of Fried Frank's high-profile clients. Lawrence also headed the SEC's regional office in April when it charged one of the exchange's former floor brokers, John D'Alessio, with violating securities laws by taking part in the illegal floor trading. ...
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