Biography
From 2021 through early 2025, Sanjay served in the top two senior-most positions in the Enforcement Division. Most recently, as Acting Director, Sanjay oversaw a nationwide team of approximately 1,400 lawyers, accountants, investigators and industry specialists responsible for investigating and prosecuting federal securities law violations to protect investors and maintain the integrity of the markets. Sanjay earlier served as the Division’s Deputy Director from August 2021 to October 2024. In that role, he oversaw the filing of more than 2,600 enforcement actions resulting in orders for more than $20 billion in monetary remedies, and the return of billions of dollars to harmed investors. These actions covered the entire waterfront of securities law issues, including various forms of investment adviser and broker-dealer-related misconduct; financial fraud; books and records, internal controls and registration violations; insider trading; market manipulation; bribery; and whistleblower protections. Notably, under Sanjay’s leadership, the SEC saw a dramatic increase in the number of market participants that self-reported and undertook remedial measures. His prior SEC roles included serving as the Senior Associate Director of the Division of Enforcement in the New York Regional Office (NYRO), Deputy Chief of the nationwide Market Abuse Unit, and Assistant Director in NYRO. During his time in NYRO, Sanjay led several successful multiyear, industry-wide efforts by the SEC to combat trading misconduct by member firms of various stock and options exchanges; hedge fund insider trading; and abusive practices in the handling of “pre-released” American Depositary Receipts.
Sanjay is a regular speaker at leading industry and legal conferences, including those hosted by Practising Law Institute. He has also been a frequent participant at SEC Speaks, an annual event at which senior SEC staffers share their views about key priorities and recent trends, including in the enforcement space.
Prior to joining the SEC as a staff attorney in 2003, Sanjay served as a tax associate at two other leading international law firms. He earned his B.B.A. from Florida Atlantic University, a J.D. from South Texas College of Law Houston, and an LL.M. in Taxation from New York University School of Law.