WASHINGTON Dec 30 The top enforcement accountant at the U.S. Securities and Exchange Commission will leave the agency in January to become a managing director at business advisory firm AlixPartners LLP.
Susan Markel, who has worked in the SEC's enforcement division since 1994, will join the corporate investigations unit of AlixPartners, which specializes in corporate turnarounds, litigation consulting and forensic accounting services.
AlixPartners is also involved in helping locate funds and investigate the investment firm of confessed swindler Bernard Madoff, a lawyer for the trustee overseeing the liquidation said at a federal bankruptcy court hearing in New York on Tuesday. Madoff is accused of defrauding wealthy investors, banks and charities around the world of an estimated $50 billion. [ID:nN30341701]
Markel's work at the SEC included enforcement actions against Xerox and six senior executives, WorldCom and Cardinal Health. (Reporting by Rachelle Younglai and Emily Chasan in New York, editing by Matthew Lewis)