The new director of the Security and Exchange Commission’s Fort Worth office is a familiar face, having served at the regional office previously as an associate director.
The agency named David Peavler the new director earlier this month. Peavler served for 15 years in various roles at the regional office’s Division of Enforcement before leaving in 2017 to serve as general counsel to HD Vest Inc.
During his prior stint at the SEC, Peavler led the agency’s efforts in Texas, Oklahoma, Arkansas, and Kansas. His investigations included cases against Royal Dutch Petroleum and The “Shell” Transport and Trading Company, a Ponzi scheme lead by a Houston-area businessman, and a fraud case involving Life Partners Holdings and three of its senior staff.
“Mr. Peavler was integral to the issuance of the SEC’s Seaboard Report regarding cooperation, wherein the Commission declined to take action against a company in recognition of the company’s response to the conduct at issue,” the SEC’s announcement said. (more…)