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SEC Hires U.S. Capitol Police Inspector General as Head Watchdog

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Jan. 29 (Bloomberg) -- The U.S. Securities and Exchange Commission today named the inspector general of the U.S. Capitol Police as its top internal watchdog.

Carl W. Hoecker is a certified public accountant who began his career as an Army military policeman, according to an SEC announcement. He served as deputy assistant inspector general for the Treasury Department from 2003 to 2006. The Capitol Police provide security on the grounds of the U.S. Capitol.

Hoecker replaces H. David Kotz, who quit a year ago. Kotz had faced criticism of his investigations and possible conflicts of interest, including his decision to accept tickets to a Philadelphia Eagles football game from a radio broadcaster. The office has been run temporarily by the inspector general of the Federal Deposit Insurance Corp.

“I am deeply honored to have been selected for this position,” Hoecker said in a statement. “The SEC has an extremely important mission and I look forward to working with the Commissioners, the SEC staff, and the SEC stakeholders as I carry out my responsibilities under the Inspectors General Act.”

To contact the reporter on this story: Dave Michaels in Washington at dmichaels5@bloomberg.net

To contact the editor responsible for this story: Maura Reynolds at mreynolds34@bloomberg.net

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