Fireside Chat with Deputy Director of the SEC Division of Enforcement, Paul Tzur (Presented by the Federal Bar Association’s Securities Law Section)

Paul H. Tzur
Paul H. Tzur
U.S. Securities and Exchange Commission

Since January 2026, Paul Tzur has served as a Deputy Director for the Division of Enforcement at the U.S. Securities and Exchange Commission. In that role, Mr. Tzur supervises the Enforcement Division in the SEC’s Atlanta, Chicago, and Miami Regional Offices. He also advises and coordinates on Commission priorities and operations throughout the Division.

Nekia S. Hackworth
Nekia S. Hackworth
Jones Day

Nekia Hackworth is a powerhouse litigator and strategic advisor with more than two decades of experience in government enforcement and private practice. A former SEC Deputy Director of Enforcement and seasoned federal prosecutor, she knows how the government investigates, charges, and tries complex financial crime — and deploys that knowledge to protect clients facing their most consequential challenges.

On-Demand: October 13, 2026

1 hour CLE

Tuition: $195.00
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Program Summary

 

The Division of Enforcement you knew is not the one investigating your client.

The SEC’s Division of Enforcement has restructured. Regional office directors have given way to a new organizational structure, new leadership, and new specialized units — including a Retail Fraud Working Group and a Financial Reporting and Accounting Unit. Policy has shifted with it, under a “back to basics” approach to enforcement.

Enforcement now targets real harm to investors: insider trading, accounting and disclosure fraud, offering fraud, market manipulation, and fiduciary breaches by investment advisers. Standalone off-channel communications cases are out; individual accountability is in. The Enforcement Manual’s cooperation framework now shapes civil penalties, and settlement recommendations and waiver requests are weighed simultaneously. Wells timing and expectations have changed too — down to what makes a submission helpful and what evidence counsel can access.

In this fireside chat, moderated by former SEC Deputy Director of Enforcement Nekia Hackworth (Partner, Jones Day), Mr. Tzur explains how these changes work in practice — from the MOU with the CFTC to the Whistleblower Program. You will leave able to time Wells submissions, position cooperation for penalty credit, and anticipate the Commission’s priorities.

Key topics to be discussed:

  • Structural Changes
    Map the shift from the regional office structure and directors to the Division’s current organizational structure, including the new Retail Fraud Working Group and Financial Reporting and Accounting Unit.
  • Personnel Changes
    Track the Division’s new Enforcement leadership and the impact, if any, stemming from the number of Commissioners — currently and after October 2026.
  • “Back to Basics” Approach
    Anticipate the focus on real harm to investors and individual accountability, and the move away from standalone off-channel communications cases.
  • Enforcement Manual Updates
    Apply the SEC’s revised framework for evaluating cooperation and its impact on civil penalties, along with the simultaneous consideration of settlement recommendations and waiver requests.
  • Wells Process Changes
    Time Wells submissions and meetings effectively, learn what makes a submission helpful to the SEC, and understand access to salient and probative evidence, including exculpatory information.
  • Whistleblower & CFTC Developments
    Follow the status of the Whistleblower Program, the rescission of the policy denying settlements in enforcement actions, and how the MOU with the CFTC works in practice.

This course is co-sponsored with myLawCLE.

Closed-captioning available

Speakers

Paul H. Tzur, Deputy Director, Division of Enforcement | U.S. Securities and Exchange Commission

Since January 2026, Paul Tzur has served as a Deputy Director for the Division of Enforcement at the U.S. Securities and Exchange Commission. In that role, Mr. Tzur supervises the Enforcement Division in the SEC’s Atlanta, Chicago, and Miami Regional Offices. He also advises and coordinates on Commission priorities and operations throughout the Division.

  • Education & Credentials

Mr. Tzur received his J.D. from Northwestern University School of Law and his B.S. from Duke University.

  • Recognition & Leadership

Mr. Tzur also served in supervisory roles as a deputy chief in the General Crimes Section and later in the Narcotics and Money Laundering Section.

  • Professional Involvement

Mr. Tzur has served as an Adjunct Professor at Northwestern University Pritzker School of Law since January 2021. During his years at the U.S. Attorney’s Office, he taught new Assistant U.S. Attorneys at the Basic Criminal Trial Advocacy seminar held at the DOJ’s National Advocacy Center, served on the Office’s Hiring Committee interviewing AUSA applicants, and mentored junior prosecutors through the Office’s mentorship program.

  • Experience

Prior to joining the Commission, Mr. Tzur was a partner for six years at the law firm of Blank Rome LLP, where he focused on white collar defense and complex commercial litigation. From 2011 through 2019, Mr. Tzur served as an Assistant U.S. Attorney in the U.S. Attorney’s Office for the Northern District of Illinois, where he was a prosecutor in the Securities and Commodities Fraud Section. Following law school, Mr. Tzur clerked for the Honorable Steven M. Colloton of the U.S. Court of Appeals for the Eighth Circuit.

 

Nekia S. Hackworth, Partner | Jones Day

Nekia Hackworth is a powerhouse litigator and strategic advisor with more than two decades of experience in government enforcement and private practice. A former SEC Deputy Director of Enforcement and seasoned federal prosecutor, she knows how the government investigates, charges, and tries complex financial crime — and deploys that knowledge to protect clients facing their most consequential challenges.

  • Education & Credentials

Ms. Hackworth received her J.D. from Harvard University (J.D. 2004; M.B.A. 2004); Emory University (B.B.A. in Accounting cum laude 1999)

  • Recognition & Leadership

At the SEC, Nekia led more than 250 Enforcement professionals across Washington, D.C., Atlanta, and Miami, supervising investigations into securities fraud, market manipulation, insider trading, and compliance failures. She also shaped national fraud enforcement policy as an Associate Deputy Attorney General and Executive Director of the Financial Fraud Enforcement Task Force in Washington, D.C.

  • Professional Involvement

Nekia writes on securities and white collar enforcement developments. Her recent publications with Jones Day include key takeaways from the SEC’s revised Enforcement Manual, a fiscal 2025 year-end update on SEC enforcement in financial reporting and disclosure, commentary on the DOJ’s new corporate enforcement policy, the SEC and CFTC’s interpretation for crypto asset taxonomy, and the Supreme Court’s decision allowing the SEC to seek disgorgement of profits without proving investor loss.

  • Experience

As a former Assistant U.S. Attorney for the Northern District of Georgia, she prosecuted complex criminal cases spanning tax, securities, and health care fraud; public corruption; and violent crime, taking nearly a dozen to verdict and arguing three Eleventh Circuit appeals. At Jones Day, Nekia defends corporations and executives in government investigations and white collar matters. Earlier in her career, at another Am Law 100 firm, Nekia secured declinations for a dialysis clinic facing federal and state False Claims Act investigations, defended a tax preparer under investigation for tax and COVID-19 fraud, led sensitive internal investigations for public and private universities, and defended health care companies under federal investigation for False Claims Act and Anti-Kickback Statute violations.

Nekia counsels clients on compliance, regulatory risk, and crisis response — bringing prosecutorial instinct, regulatory authority, and trial-tested advocacy to bear when the stakes are highest.

Agenda

SESSION 1 – Conducting Effective Internal Investigations | 12:00pm – 1:00pm

An effective internal investigation can help organizations identify legal risks, address misconduct, and demonstrate a strong culture of compliance before regulatory issues escalate. This session explores how legal and compliance teams should structure investigations, gather facts, preserve privileges, and implement corrective actions while managing business and reputational risks. Internal investigations play a critical role in helping organizations identify risks, address misconduct, and strengthen compliance before issues escalate. This session explores practical approaches to planning and conducting investigations while balancing legal obligations, business objectives, and organizational culture.

BREAK | 1:00pm – 1:10pm

SESSION 2 – Regulatory Readiness and Strengthening Corporate Compliance Programs | 1:10pm –2:10pm

Organizations must be prepared to respond effectively to regulatory inquiries while maintaining strong compliance programs that promote accountability and reduce organizational risk. This session examines practical strategies for managing regulatory interactions and continuously improving compliance frameworks.

Credits

Alaska

Approved for CLE Credits
1 General

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Alabama

Approved for Self-Study Credits
1 General

Arkansas

Approved for CLE Credits
1 General

Arizona

Approved for CLE Credits
1 General

California

Approved for CLE Credits
1 General

Colorado

Pending CLE Approval
1 General

Connecticut

Approved for CLE Credits
1 General

District of Columbia

No MCLE Required
1 CLE Hour(s)

Delaware

Pending CLE Approval
1 General

Florida

Approved via Attorney Submission
1 General Hours

Receive CLE credit in Florida via attorney submission.
Georgia

Approved for CLE Credits
1 General

Hawaii

Approved for CLE Credits
1 General

Iowa

Pending CLE Approval
1 General

Idaho

Pending CLE Approval
1 General

Illinois

Approved for Self-Study Credits
1 General

Indiana

Approved for Self-Study Credits
1 General

Kansas

Pending CLE Approval
1 Substantive

Kentucky

Pending CLE Approval
1 General

Louisiana

Pending CLE Approval
1 General

Massachusetts

No MCLE Required
1 CLE Hour(s)

Maryland

No MCLE Required
1 CLE Hour(s)

Maine

Pending CLE Approval
1 General

Michigan

No MCLE Required
1 CLE Hour(s)

Minnesota

Pending CLE Approval
1 General

Missouri

Approved for Self-Study Credits
1.2 General

Mississippi

Pending CLE Approval
1 General

Montana

Pending CLE Approval
1 General

North Carolina

Pending CLE Approval
1 General

North Dakota

Approved for CLE Credits
1 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
1 General

myLawCLE reports attendance to Nebraska on each attorney’s behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
60 General minutes

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
1 General

Our programs are CLE-eligible through New Jersey’s recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for Self-Study Credits
1 General

Nevada

Approved for Self-Study Credits
1 General

New York

Approved for CLE Credits
1 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “B”.
Ohio

Approved for Self-Study Credits
1 General

Oklahoma

Pending CLE Approval
1 General

Oregon

Pending CLE Approval
1 General

Pennsylvania

Approved for Self-Study Credits
1 General

Rhode Island

Pending CLE Approval
1 General

South Carolina

Pending CLE Approval
1 General

South Dakota

No MCLE Required
1 CLE Hour(s)

Tennessee

Approved for Self-Study Credits
1 General

Texas

Approved for CLE Credits
1 General

Utah

Pending CLE Approval
1 General

Virginia

Not Eligible
1 General Hours

Vermont

Approved for CLE Credits
1 General

Washington

Approved via Attorney Submission
1 Law & Legal Hours

Receive CLE credit in Washington via attorney submission.
Wisconsin

Approved for Self-Study Credits
1 General

West Virginia

Pending CLE Approval
1.2 General

Wyoming

Pending CLE Approval
1 General

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