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SEC Official Who Defended High-Speed Traders to Leave Agency

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Gregg Berman is leaving the U.S. Securities and Exchange Commission, where he led efforts to get a grip on fragmented markets and high-frequency trading.

A Princeton-trained physicist, Berman joined the SEC in 2009 and was later tapped to spearhead the agency’s investigation into what caused the May 2010 flash crash that erased about $862 billion in market value before share prices recovered. The SEC announced Wednesday that Berman plans to leave the agency later this month.