"Toni has successfully tackled some of the most demanding investigations in the enforcement program, mastering complex areas of the law and gaining an in-depth knowledge of the securities markets," said Stephen M. Cutler, Director of Enforcement. "She has proven herself a tireless and effective leader who can be counted on to get the job done. Her expertise, developed through 14 years at the Commission, and her prior experience as a prosecutor will serve the investing public well."
As associate director, Chion will serve as a senior official in the Division of Enforcement and will assist in planning and directing the Commission's enforcement efforts.
Chion, 48, joined the Commission's staff in 1988 as a staff attorney in the Division of Enforcement. In 1990, Chion became a branch chief, and she was named assistant director for the Division of Enforcement in 1996. During her tenure at the Commission, she has overseen the investigation of numerous cases in a variety of areas, including financial fraud, misconduct by regulated entities (including a recent action against iCapital Markets, LLC), market manipulation, and insider trading (including the first Internet-related insider trading case, which involved 19 defendants).
Before coming to the Commission, Chion was a deputy bureau chief and supervisor in the Narcotics Bureau of the Office of the Kings County District Attorney in Brooklyn, N.Y., where she previously served as a trial assistant district attorney. She received her A.B. from Tufts University and her law degree from the Georgetown University Law Center.
