Bored SEC Employees Going On Rumspringa At Citadel - Dealbreaker

Bored SEC Employees Going On Rumspringa At Citadel

It won’t last forever, but it will be more interesting than working for Jay Clayton, and Chicago’s a better town than D.C.
Author:
Updated:
Original:
By Paul Elledge [CC BY-SA 4.0], via Wikimedia Commons

All the milkshakes you can drink! By Paul Elledge [CC BY-SA 4.0], via Wikimedia Commons

There’s not much going on at the Securities and Exchange Commission these days, a quiet period that is likely to last until at least January 20, 2021. Indeed, if you do not work in the regulator’s low-hangingfruit division or in its figuring out what cryptocurrencies are unit (or both!)—or on its IT team—you’re probably not doing very much at all. This is fine if you’re simply biding your time for a federal pension and really like playing cell-phone games. But not everyone is so selflessly dedicated to public service. Some people like to keep busy. Some people would like to make a lot more money. Some people like living dangerously. If two or more of these things describe you (especially the latter, and especially if you don’t mind getting yelled at or having daggers fly at you from your boss’ eyes), and you’re not this guy, you might want to consider a career at Citadel Investment Group.

Well, not a career, exactly. More like an internship or gap year or quarter or month or week that ends with you getting fired. But an exciting opportunity all the same. Risk is what you make of it, bureaucrats, and since everyone has to work for Ken Griffin at some point, what better time than this fallow period in financial regulatory enforcement to take a look at the other side?

Ryan VanGrack, who was an adviser to former SEC Chair Mary Jo White and the agency’s enforcement chiefs, joined Griffin’s hedge fund in January, according to Zia Ahmed, a Citadel spokesman. Other responsibilities VanGrack held at the SEC included leading its financial technology working group, an effort to foster better collaboration between the regulator and the industry….

VanGrack will work with the former head of the SEC’s Chicago office, David Glockner, who started in December as the hedge fund’s chief compliance officer.

Citadel Securities, Griffin’s market-making firm, has also been hiring from the SEC. Last April, Stephen Luparello became the firm’s general counsel after leading the SEC division that regulates stock trading and exchanges. Gregg Berman, who ran data and analytics in the SEC’s trading and markets unit, joined Citadel Securities in September 2016, as director of research.

Citadel’s Ken Griffin Adds to Hires From a Preferred Locale: the SEC [Big Law Business]

Related

By Mr. Granger (Own work) [CC0], via Wikimedia Commons

Ken Griffin Ensures Ample Supply Of People To Hire And Fire Going Forward

The University of Chicago will be churning out little Ken Griffins—and those training the little Ken Griffins—for the foreseeable future.

KenGriffin

Job Opening At Citadel

If you’ve got a feel for Hungarian debt, Ken Griffin would like to talk to you. For a little while, anyway.

KenGriffin

Ken Griffin Making Good Use Of Time Remaining To Us

Citadel clients have a bunch more money to be rendered useless by the inevitable runaway inflation.

Ken Griffin Tries On, Returns Chicago Apartment

When you own $300 million worth of other real estate, you've got to be picky.

KenGriffin

Ex-Citadel Exec. Not Screwing Around

Daniel Nehren wants to make sure Ken Griffin knows exactly how little he’s been doing for the last eight months.

KenGriffin

Ken Griffin Went On TV To Sh!t On A Whole Bunch Of Things

Got something you care about? Allow the Citadel founder to disabuse you of your love.