Janice Fedarcyk, who heads the FBI’s office in New York and is the highest-ranking female law enforcement officer outside of Washington, will retire after 25 years as a federal agent, the agency said.
Fedarcyk, 54, became the first woman to serve as Assistant Director in Charge of the New York office when she was appointed in August 2010. During her tenure, she supervised investigations including the largest-ever crackdown of insider-trading at hedge funds.
The FBI’s New York office, the largest in the U.S. with some 2,000 agents and staff, has worked with federal prosecutors in Manhattan to target insider trading by portfolio managers, analysts and employees of technology companies.
At least 70 people have been charged with insider trading since August 2009, and 66 have either pleaded guilty or been convicted at a trial in federal court in New York, according to prosecutors. Other cases are pending.
On June 15, former Goldman Sachs Group Inc. (GS:US) director Rajat Gupta was convicted of leaking tips to his former business partner, Galleon Group LLC co-founder Raj Rajaratnam, who is now serving 11 years in prison for insider trading.
Agents working under Fedarcyk have also investigated organized crime, computer hacking and terrorism.
Fedarcyk began her career in law enforcement at the Reno, Nevada, police department. She joined the Federal Bureau of Investigation in 1987 as a special agent in Los Angeles, where she investigated drug trafficking.
Fedarcyk will open a security consulting business in Washington after she retires Aug. 24, the FBI said in its statement.
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