On February 12, 2014, Milbank, Tweed, Hadley & McCloy announced that George S. Canellos, who stepped down in January as co-director of the Enforcement Division of the SEC, will join the firm in mid-March as Global Head of the firm’s Litigation Department. For insight from Canellos, see “Former Federal Prosecutors Share Perspectives on Insider Trading Hot-Button Issues and Enforcement Trends Relevant to Hedge Fund Managers,” Hedge Fund Law Report, Vol. 5, No. 39 (Oct. 11, 2012).