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Indiana securities commissioner leaving post

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Indiana Securities Commissioner Chris Naylor is leaving the Secretary of State's office for another agency after six years in the job.

Naylor, who oversaw enforcement efforts, will become the assistant executive director of the Indiana Prosecuting Attorneys' Council, according to an announcement Friday from Secretary of State Connie Lawson.

IPAC describes itself as a non-partisan, independent state judicial branch agency, which prepares manuals and does legal research for the Indiana's 91 county prosecutors.

“He leaves this post with a legacy of increasing penalties for investment fraud, recovering tens of millions of dollars in investor losses and establishing a restitution fund to repay Hoosier victims of investment fraud," Lawson said in a prepared statement. "Chris is recognized by state and federal prosecutors and regulators for his diligence and professionalism. 

"He’s not only brought scam artists to justice, he’s worked hard to educate Hoosiers on how to protect themselves and their loved ones from fraud by being a champion of financial literacy education. He has been a tremendous asset to this office and will be missed."

As securities commissioner, Naylor supervised the enforcement, registration, corporation finance, and investor education sections of the Indiana Securities Division, as well as the Prosecution Assistance Unit. Prior to his initial appointment in October of 2007, Naylor was lead attorney in the Prosecution Assistance Unit.

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