The U.S. Securities and Exchange Commission announced last week that Matthew T. Martens, the chief litigation counsel for the Division of Enforcement, will leave the agency next month.
Martens, who has led SEC's litigation program since August 2010, will be replaced by Matthew C. Solomon. Martens’ plan after the departure was not disclosed.
Martens is responsible for developing and directing the SEC’s nationwide litigation response to significant changes in the securities laws such as the Supreme Court’s decision in Denver-based investment firm Janus Capital Group.
Soloman, who served as deputy chief litigation counsel since last year, assisted Martens in the supervision of the trial unit at the agency’s Washington D.C. headquarters as well as coordination with litigators at the SEC’s 11 regional offices in the country.