US SEC hires Goldman vice president for enforcement

WASHINGTON Oct 16 (Reuters) - A former Goldman Sachs (GS.N) vice president has been named the chief operating officer of the U.S. Securities and Exchange Commission's enforcement division, the regulator said on Friday.

Adam Storch, who was a vice president in Goldman's "business intelligence group," will be responsible for managing projects and other operational aspects of the SEC's enforcement division, the agency said.

The SEC has been working at hiring staff with Wall Street experience after the Bernard Madoff scandal highlighted the need for those with current market experience.

SEC Chairman Mary Schapiro and her director of enforcement Robert Khuzami are revamping the agency's enforcement efforts. (Reporting by Rachelle Younglai)