Skip to main content

The SEC Speaks in 2019


Speaker(s): Aaron Shaw, Adam Wendell, Ahmed Abonamah, Alexis Hall, Alison Staloch, Allison Fakhoury, Andrea Ottomanelli Magovern, Andrew R. Bernstein, Anita B. Bandy, Austin Gerig, Brett W. Redfearn, Brian M. Johnson, Bridget Fitzpatrick, Charles E. Cain, Charles Koretke, Charu Chandrasekhar, Christian R. Sabella, Dalia Blass, Daniel Michael, Daniel R. Gregus, Daniel S. Kahl, Daniel Staroselsky, David D. Lisitza, David Marcinkus, David Nicolardi, David R. Dimitrious, David R. Fredrickson, David S. Shillman, Dominick V. Freda, Donna McCaffrey, Elizabeth A. Sandoe, Elizabeth H. Baird, Eric Garvey, Eugene Canjels, Giles Cohen, Grant A. Gartman, Hans G. Heidle, Hon. Annette L. Nazareth, Hon. Cynthia A. Glassman, Hon. Daniel M. Gallagher, Hon. David S. Ruder, Hon. Edward H. Fleischman, Hon. Elad L. Roisman, Hon. Elisse B. Walter, Hon. Harvey L. Pitt, Hon. Hester M. Peirce, Hon. Jay Clayton, Hon. Laura S. Unger, Hon. Paul S. Atkins, Hon. Robert J. Jackson, Jr., Hon. Roberta S. Karmel, Hon. Roel C. Campos, Hon. Steven M. H. Wallman, Hon. Troy A. Paredes, Hope H. Augustini, James McLoughlin, Jeffrey S. Mooney, Jennifer A. Zepralka, Jenny L. Ogasawara, Jessica Kane, John C. Roeser, John S. Polise, Jon Hertzke, Jonathan A. Ingram, Joseph K. Brenner, Joseph Sansone, Katherine P. Feld, Keith E. Cassidy, Kelly Gibson, Kevin O'Neill, Kevin W. Goodman, Kristin A. Snyder, Kurt G. Gresenz, Kurt L. Gottschall, Kyle L. Moffatt, Laura Hatch, LeeAnn G. Gaunt, Lisa K. Helvin, Magdalena Camillo, Marc P. Berger, Mark E. Wolfe, Martha Legg Miller, Matthew S. Jacques, Mattias Nilsson, Melissa Hodgman, Michael A. Conley, Michael A. Macchiaroli, Michael Kosoff, Michele B. Wilham, Michele M. Anderson, Natasha Kaden, Natasha V. Greiner, Pamela A. Gibbs, Patrick Gilmore, Paul G. Cellupica, Peter B. Driscoll, Randall W. Roy, Rebecca Olsen, Richard Best, Richard M. Humes, Rick A. Fleming, Rina Hussain, Rita M. Bolger, Robert A. Cohen, Robert B. Stebbins, Ryan Wolfe, S.P. Kothari, Sarah R. Prins, Sheila Dombal Swartz, Shelley E. Parratt, Shelly Luisi, Stephanie Avakian, Steven R. Peikin, Sumeera Younis, Tamara M. Brightwell, Ted Yu, Thomas Collens, Thomas J. Karr, Thomas K. McGowan, Thomas Swiers, Timothy J. White, Jr., Tracey A. Hardin, Tyler Raimo, Wesley R. Bricker, William H. Hinman
Recorded on: Apr. 8, 2019
PLI Program #: 251747

Allison M. Fakhoury joined OCIE’s Office of Clearance and Settlement as Senior Regulatory Counsel in 2014. In that role, she serves as legal counsel for the team responsible for examining clearing agencies, including those designated as Systemically Important Financial Market Utilities (SIFMUs). Prior to joining OCIE, Allison spent 11 years as Senior Counsel in the SEC’s Division of Enforcement, during which she handled numerous securities fraud investigations, including financial fraud, directed brokerage, best execution, market manipulation, insider trading, and offering frauds. She has also litigated securities fraud in federal district court, and instituted administrative and cease and desist proceedings.  Allison holds a JD from Loyola University Chicago School of Law and a BA in Business Administration from Wayne State University.


Anita Bandy is an Associate Director in the Securities and Exchange Commission’s Division of Enforcement, where she assists in planning and directing the Commission’s enforcement program.  Anita joined the Commission in 2004 and then served in several positions of increasing responsibility in the Enforcement program.  During her tenure at the Commission, Anita has led multiple enforcement initiatives and has supervised dozens of investigations that resulted in actions spanning a wide range of matters, including financial fraud, offering frauds, market manipulation, the Foreign Corrupt Practices Act, the Jumpstart Our Business Startups Act, and other illegal acts that occur in the mergers & acquisitions, cyber, broker-dealer and investment-adviser space.  Prior to joining the SEC, Anita spent several years in private practice at the law firm of Proskauer LLP, where she focused on white collar and SEC defense work.  She received her J.D. with honors from American University and her undergraduate degree with honors from the University of Michigan.


Annette Nazareth is head of Davis Polk’s Washington DC office and leads the Trading and Markets practice within the firm’s Financial Institutions Group. She regularly advises clients on a broad range of financial regulatory, legislative, governance and enforcement matters relating to securities, derivatives and futures.  She also advises financial institutions and corporations on regulatory considerations for digital asset and blockchain businesses as well as on cybersecurity issues. 

Annette has been a key player in financial services regulation for much of her career.  She was a Commissioner of the U.S. Securities and Exchange Commission and Director of the Commission’s Division of Trading and Markets.  During her tenure at the Commission, Annette worked on numerous groundbreaking initiatives, including execution quality disclosure rules, implementation of equities decimal pricing, short sale reforms and modernization of the national market system rules. Annette also served as the Commission’s representative on the Financial Stability Forum from 1999 to 2008.

Recognition 
 
Ms. Nazareth is recognized as a leading lawyer in various industry publications:

•             Chambers USA:
•             Securities: Regulation: Advisory, Band 1, 2017
•             Financial Services Regulation: Broker Dealer (Compliance), Band 1, 2017
•             Financial Services Regulation: Broker Dealer (Enforcement), Band 1, 2017
•             IFLR1000 – Leading Lawyer, 2017
•             BTI Client Service All-Star, 2013
 
Ms. Nazareth received the SIFMA Compliance & Legal Society 2019 Alfred J. Rauschman Award, in recognition of her significant contributions to the compliance and legal communities and her dedication to the securities industry. She received a Lifetime Achievement Award from Traders magazine's inaugural "Wall Street Women of Excellence" awards in 2011 and the Women in Finance Lifetime Achievement Award from Markets Media in 2016.

Ms. Nazareth is a graduate of Brown University and Columbia University School of Law.  

 


Austin Gerig leads the Office of Research and Data Services in the Division of Economic and Risk Analysis at the U.S. Securities and Exchange Commission.  He holds a Ph.D. in Physics and an M.S. in Finance from the University of Illinois at Urbana-Champaign.   Prior to joining the SEC, Austin was a Graduate Fellow at the Santa Fe Institute, a Postdoctoral Research Fellow at the University of Technology Sydney, and most recently, a Senior Research Fellow in the Said Business School, University of Oxford. 

Austin’s research has touched on a number of important topics in market microstructure including: the price impact of large, algorithmically traded orders; the structure of volatility fluctuations in security prices; and the effects of high-frequency trading in financial markets.  His research has been highlighted in numerous media outlets including Bloomberg View, The Wire, The MIT Technology Review, and NPR.


Brett Redfearn was named the U.S. Securities and Exchange Commission's Director of the Division of Trading and Markets in October 2017.

Mr. Redfearn joins the SEC from J.P. Morgan, where he was Global Head of Market Structure for the Corporate and Investment Bank.

Mr. Redfearn has a long history in the U.S. equity markets, having worked with investors, exchanges and broker-dealers. During his career, he has focused on how technology, regulation and business trends are changing trading patterns across asset classes and geographic regions. He has helped build electronic trading products, worked closely with exchanges and other trading venues as these products evolved, and engaged with global asset managers on major regulatory developments. He has also been a frequent contributor at policy forums surrounding U.S. equity markets, and has been an active participant at several meetings of the SEC's Equity Market Structure Advisory Committee.

He has served as Chairman of SIFMA’s Equity Markets and Trading Committee and was a participant on the Security Traders Association (STA) Market Structure Analysts Committee and the Canadian STA (CSTA’s) Trading Issues Committee. Previously, Mr. Redfearn has served on the boards of Bats Global Markets, BATS Exchange, the National Organization of Investment Professionals, the Chicago Stock Exchange, and BIDS Trading.

Mr. Redfearn earned his M.A. in political science from the New School for Social Research and his B.A. from the Evergreen State College in Olympia, Washington.


Brian McLaughlin Johnson is an Assistant Director in the Rulemaking Office in the SEC’s Division of Investment Management. Mr. Johnson heads the Division’s Investment Company Regulation Office, which is responsible for rulemaking activities under the Investment Company Act in the Division and provides advice on policy initiatives affecting the asset management industry. Before joining the SEC in 2010, Mr. Johnson was an associate at the Washington, D.C. offices of K&L Gates and WilmerHale. Mr. Johnson received his B.A. from the University of Delaware and his J.D. from the George Mason University School of Law.


Charu Chandrasekhar is an Assistant Regional Director in the SEC’s Division of Enforcement and leads the Division’s Retail Strategy Task Force, which develops data-driven, targeted initiatives to identify large-scale misconduct impacting retail investors.  Ms. Chandrasekhar previously was a Senior Advisor and Senior Counsel in the Division of Enforcement’s Market Abuse Unit, where she worked on numerous insider trading cases involving corporate insiders, broker dealers, and hedge funds; multiple matters involving violations of the federal securities laws by exchanges, dark pools and other trading venues, including the Commission’s largest settlement against a dark pool and one of the Commission’s largest stock exchange settlements, and several cyber investigations.  Ms. Chandrasekhar joined the SEC after working as a litigator at a law firm in New York and serving as a law clerk to the Honorable Sonia Sotomayor on the U.S. Court of Appeals for the Second Circuit. Ms. Chandrasekhar received her J.D. from Harvard Law School and her B.A. from Yale University. 


Christian Sabella is Deputy Director of the Division of Trading and Markets at the U.S. Securities and Exchange Commission (SEC), where he is responsible for the Offices of Market Supervision and Clearance and Settlement.  He joined the SEC in 2011 and has served in a number of roles, including as Associate Director for the Office of Clearance and Settlement.  Mr. Sabella has a J.D. from Georgetown University Law Center and received his undergraduate degree from the University of Notre Dame.


Chuck Koretke is the Assistant Director of the Office of Risk Analysis and Surveillance within the Commission’s Office of Compliance Inspections and Examinations (OCIE).  In this role, Chuck leads a national unit of 18 staff who are responsible for enhancing the National Examination Program’s ability to identify and select firms and practices that present the greatest risks to investors, markets and capital formation.  Additionally, Chuck works on a variety of Commission-wide data analytic and information technology initiatives, partnering with other analytic teams from around the agency. 

Previously, Chuck was the Assistant Director of OCIE’s Office of Strategy and Operational Risk, responsible for building OCIE’s risk management program, overseeing the assessment of OCIE’s internal control processes and the unit that processes registration applications made by investment advisers, broker-dealers, municipal advisors, and other market participants.

Chuck joined the Commission in September 1996 as an accountant in the Investment Adviser/Investment Company examination program in the Chicago Regional Office where he worked for more than fifteen years, the last nine as a Branch Chief/Examination Manager.  From March 2012 to April 2013, he served as the Branch Chief responsible for the Compliance and Ethics team in OCIE’s headquarters-based Office of Chief Counsel.  He left the Commission for a period of time to serve as the Chief Compliance Officer of an investment advisory firm and as a regulatory compliance consultant, before rejoining the Commission in August 2014.

Chuck is a graduate of DePaul University in Chicago, where he received both a bachelor’s degree in accountancy and an M.B.A. in finance.  He is a registered CPA in the State of Illinois and is a recipient of the SEC’s Douglas Adams Award.


Cynthia A. Glassman is a member of the Board of Discover Financial Services where she chairs the audit committee. She is also on the Board of Navigant Consulting, Inc. where she chairs the nominating and governance committee and serves on the audit committee. In addition, Dr. Glassman is a Senior Research Scholar focusing on corporate governance in the Institute for Corporate Responsibility at the GWU School of Business. She is also of a member of the Dow Jones five-person Special Committee, an independent body charged with safeguarding the editorial independence of The Wall Street Journal and Dow Jones, as well as their adherence to the highest ethical and professional standards.

Prior to her current roles, she was appointed by President Bush to serve as the Under Secretary for Economic Affairs at the U.S. Department of Commerce from 2006 to January 2009. In that role, she served as the principal economic advisor to the Secretary of Commerce and oversaw two major Federal statistical agencies. She was also the Secretary’s designated Board Representative to the Pension Benefit Guaranty Corporation (PBGC), where she was actively involved in PBGC investment policy and corporate governance matters. 

Appointed by President Bush, Dr. Glassman served as a Commissioner of the U.S. Securities and Exchange Commission from 2002 to 2006 and served as Acting Chairman during the summer of 2005.  As the only Commissioner with a doctorate in economics, Dr. Glassman brought a unique voice to the Commission, where she regularly sought greater rigor in the regulatory process. During her tenure, she was closely involved in developing and voting on the regulations implementing the requirements of the Sarbanes-Oxley Act, as well as a number of other regulations regarding corporate governance and financial markets. Her role also included voting on numerous enforcement actions.

Dr. Glassman has spent over 40 years in the public and private sectors focusing on financial services regulatory and public policy issues. Earlier in her career, she spent 12 years at the Federal Reserve and 15 years at consulting firms. She is currently on the Advisory Board of the Business and Finance Law Program at the George Washington University (GWU) Law School.  She has served on the Boards of the Washington Tennis and Education Foundation WTEF), the SEC Historical Society, the Federal Reserve Board Credit Union, the National Economists Club, Women in Housing and Finance, the Commission on Savings and Investment in America, and Hopkins House, a preschool for low income families.

Dr. Glassman has written extensively on corporate governance, financial reporting, risk management and competitiveness issues.  She has spoken nationally and internationally before professional and business groups. Dr. Glassman received her M.A. and Ph.D. in Economics from the University of Pennsylvania and her B.A. in Economics from Wellesley College. She was a supervisor in economics at the University of Cambridge, England, where she has been named an Honorary Fellow of Lucy Cavendish College.


Dalia Osman Blass is the Director of the Securities and Exchange Commission’s Division of Investment Management. The SEC's Division of Investment Management works to protect investors and to promote capital formation and innovation in investment products and services through oversight and regulation of the nation’s multi-trillion dollar investment management industry. The Division is responsible for the Commission's regulation of investment companies, variable insurance products, and federally registered investment advisers.

Ms. Blass previously served in a number of leadership roles in the Division of Investment Management. Ms. Blass returned to the SEC as Director of the Division of Investment Management in September, 2017 from private practice, where she advised on a broad range of investment fund, private equity, and regulatory matters. Earlier in her career, Ms. Blass practiced corporate law in New York and London.

Ms. Blass earned a J.D. from Columbia University School of Law. She received her B.A in international studies from the American University and studied political science at the American University in Cairo.


Daniel Gallagher was the Chief Legal Officer at Mylan N.V., a leading global pharmaceutical company, from 2017 until April 2, 2019.  On March 29, 2019, WilmerHale announced that Mr. Gallagher is rejoining the firm as a partner and Deputy Chair of the Securities Department. Mr. Gallagher has extensive public and private sector experience in regulatory matters, financial markets, and corporate legal affairs and governance. He is a member of the advisory boards of both the Institute for Law and Economics at the University of Pennsylvania and the Center for Corporate Governance, Raj & Kamla Gupta Governance Institute, LeBow College of Business, Drexel University.  Prior to joining Mylan in 2017, Gallagher served as president of Patomak Global Partners, a financial services consulting firm.

From Nov. 2011 to Oct. 2015, Mr. Gallagher served as a Commissioner of the U.S. Securities and Exchange Commission (SEC). In that position, he called for reform on various corporate governance issues, advocated for conducting a comprehensive holistic review of equity market structure issues, and encouraged building the Commission's fixed income market expertise.

Gallagher also served on the staff of the SEC in several capacities, including as counsel to both SEC Commissioner Paul Atkins and Chairman Christopher Cox, working on matters involving the Division of Enforcement and the Division of Trading and Markets. Gallagher served as deputy director and co-acting director of the Division of Trading and Markets from 2008 to 2010, where he was on the front lines of the agency's response to the financial crisis, including representing the Commission in the Lehman Brothers liquidation.

Gallagher has significant private sector experience, having been a partner in the Washington, D.C. office of WilmerHale, and senior vice president and general counsel of Fiserv Securities, Inc.


Daniel S. Kahl is Co-Deputy Director and Chief Counsel for the Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission.  Formerly, Mr. Kahl was Assistant Director in charge of the Investment Adviser Regulation Office in the Division of Investment Management at the SEC.  Prior to joining the Commission in 2001, Dan worked for the Investment Adviser Association, FINRA, and the North American Securities Administrators Association.  He received his B.S. from Penn State University, J.D. from Southern Methodist University, and LL.M. (Securities) from Georgetown University.


Dave Marcinkus is a Branch Chief in the Chief Counsel’s Office in the Division of Investment Management at the U.S. Securities and Exchange Commission. Prior to joining the Commission in 2012, he worked as in-house counsel at Lazard Asset Management and an associate at Ropes & Gray. Mr. Marcinkus received his J.D. from the George Washington University Law School and his B.A. in philosophy from Boston University.


David Nicolardi is a senior counsel in the Division of Investment Management’s Enforcement Liaison Office. As a member of the Enforcement Liaison Office, Mr. Nicolardi advises the Division of Investment Management and the Division of Enforcement on matters that concern investment advisers or investment companies. Prior to joining the SEC, Mr. Nicolardi was a senior associate in WilmerHale LLP’s securities litigation and enforcement group. Mr. Nicolardi earned a law degree from Columbia University School of Law, where he was a James Kent Scholar, and an undergraduate degree from George Washington University.


Dominick V. Freda is an Assistant General Counsel in the Office of the General Counsel at the Securities and Exchange Commission.   Donnie has served as a member of the Office’s Appellate Group since December 2003.  He joined the Commission’s staff from Jones Day, where he had been an associate in the firm’s Issues and Appeals practice group in Washington, D.C.

Donnie graduated cum laude from the University of Pennsylvania Law School in 1998, where he was a member of the University of Pennsylvania Law Review and the National Trial Advocacy Team.  After graduating, he clerked for Judge Morton I. Greenberg of the United States Court of Appeals for the Third Circuit.


Edward H. Fleischman
Consultant on Corporate and Financial Markets Law
Admitted to the Bar of New York and of the US Supreme Court

Practice Areas:  Business Entities; Financial Regulation; Capital Markets

Experience:
Counsel/Consultant on US law and regulations applicable to business entities and to participants in the US
securities and derivatives markets, including investment banks, securities broker/dealers, futures commission
merchants, investment advisers and commodity trading advisors, both within and across borders into the US

Education:
1956 - 1959 Columbia University Law School, LL.B., Harlan Fiske Stone Scholar
1949 - 1953  Harvard College, B.A. cum laude

Career to Date:
2011 to date:     Independent Consultant; Consulting Editor (2014) to Metropolitan Corporate Counsel
1994 - 2010: Senior Counsel, Linklaters LLP (resident in New York)
1992 - 1994:  Partner, Rosenman & Colin, New York
1986 - 1992: Commissioner, US Securities & Exchange Commission, Washington DC
1959 - 1985: Partner (previously Associate), Beekman & Bogue, New York

Additional Positions:

1998 - 2014:    Chairman (Co-Chair fr.2011), Int’l. Law Ass’n. Committee on International Securities Regulation
1999 - 2002:    Chairman, Amer. Bar Ass’n. Int’l Law Committee on Int’l Securities Transactions
1995 - 1999:    Chairman, Amer. Bar Ass’n. Business Law Committee on Professional Responsibility
1990 - 1991:    President, American College of Investment Counsel
1987 - 1991:    Chairman, Amer. Bar Ass’n. Business Law Committee on Developments in Business Financing
1981 - 1984:    Chairman, Amer. Bar Ass’n. Admin. Law Committee on Securities, Commodities & Exchanges
1980 - 1983:    Chairman, Amer. Bar Ass’n. Business Law Subcommittee on Model Simplified Indenture
1973 - 1978:    Chairman, Amer. Bar Ass’n. Business Law Subcommittee on Broker-Dealer Matters

1952 -1955:     U.S. Army Military Intelligence (stationed in Nuremberg, Germany)


Elad L. Roisman was appointed by President Donald Trump to the U.S. Securities and Exchange Commission (SEC) and was sworn into office on September 11, 2018.

Commissioner Roisman joined the SEC from the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he served as Chief Counsel. In that role, and as Securities Counsel on the Committee, he counseled Chairmen Mike Crapo (R-ID) and Richard Shelby (R-AL), as well as members of the Committee, on securities, financial regulation, and international financial matters. Commissioner Roisman worked on drafting several pieces of legislation that became law and played an integral role in the drafting and negotiation of the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Before working in the Senate, he served as Counsel to SEC Commissioner Daniel M. Gallagher, focusing on enforcement and policy relating to the U.S. equity and fixed income markets, the asset management industry, and international regulation of capital markets. Prior to joining the SEC, he held positions as a Chief Counsel at NYSE Euronext and an associate at the law firm of Milbank, Tweed, Hadley & McCloy LLP in New York.

Commissioner Roisman earned his bachelor’s degree in History at Cornell University and his J.D. at the Boston University School of Law.


Elisse B. Walter was appointed Commissioner of the Securities and Exchange Commission by President George W. Bush and served from July 2008 until August 2013.  She was designated the 30th Chairman of the SEC by President Barack Obama, and she served as the agency's leader from December 2012 to April 2013. She also served as Acting Chairman in January 2009.

Prior to her appointment as an SEC Commissioner, Ms. Walter served as Senior Executive Vice President, Regulatory Policy & Programs, for the Financial Industry Regulatory Authority (FINRA. She held the comparable position at NASD before its 2007 consolidation with NYSE Member Regulation.

Ms. Walter coordinated policy issues across FINRA and oversaw a number of departments including Investment Company Regulation, Corporate Financing, Member Education and Training, Investor Education, Emerging Regulatory Issues and Disciplinary Affairs. She also served on the Board of Directors of the FINRA Investor Education Foundation.

Prior to joining NASD, Ms. Walter served as the General Counsel of the Commodity Futures Trading Commission. Before joining the CFTC in 1994, Ms. Walter was the Deputy Director of the Division of Corporation Finance of the SEC. She served on the SEC's staff beginning in 1977, both in that Division and in the Office of the General Counsel, including service as Associate General Counsel. Before joining the SEC, Ms. Walter was an attorney with a private law firm.

Ms. Walter is a member of the Board of Directors of Occidental Petroleum Corporation, the Sustainability Accounting Standards Board, the National Women’s Law Center and the FINRA Investor Education Foundation, and a member of the Board of Governors of FINRA. She is a member of the Academy of Women Achievers of the YWCA of the City of New York and the inaugural class of the DirectWomen Board Institute. She also has received, among other honors, the Presidential Rank Award (Distinguished), the Association of SEC Alumni William O. Douglas Award, the SEC Chairman's Award for Excellence, the SEC's Distinguished Service Award, and the Federal Bar Association's Philip A. Loomis, Jr. and Manuel F. Cohen Awards.

She graduated from Yale University with a B.A., cum laude, in mathematics and received her J.D. degree, cum laude, from Harvard Law School. Ms. Walter is married to Ronald Alan Stern.


Elizabeth A. Sandoe serves as a Senior Special Counsel in the Office of Trading Practices of the Division of Trading and Markets at the U.S. Securities and Exchange Commission.  Previously, she served in the role of Branch Chief.   Ms. Sandoe focuses on rules and regulations administered by the Office of Trading Practices, including anti-manipulation rules concerning securities offerings (Regulation M ), the safe harbor for issuer repurchases (Exchange Act Rule 10b-18), rules regarding short sales (Regulation SHO),  rules concerning research analysts (Regulation  Analyst Certification), and rules governing  the publication and submissions of quotations (Exchange  Act Rule 15c2-11).  

Prior to joining the Commission, Mrs. Sandoe worked as an Assistant General Counsel at PaineWebber, Inc.  Ms. Sandoe has a bachelor’s degree in Business Management from Providence College, a  J.D. from Suffolk University Law School, and an LL. M in Securities and Financial Regulation from Georgetown University Law Center.


Elizabeth H. Baird is the Deputy Director in Trading and Markets and oversees the Office of Broker Dealer Finance, and the Office of Derivatives Policy and Trading Practices, in addition to the Division’s fixed income and crypto initiatives. Ms. Baird joins the Commission from Morgan, Lewis & Bockius LLP, where she was co-managing partner of the firm’s Washington, D.C. office and served as a leading adviser to businesses and investors in the fixed income, equities, and options markets. 

 Prior to attending law school, Ms. Baird spent nearly a decade trading bonds.  Ms. Baird earned her bachelor’s degree from Brown University and her law degree from the Georgetown University Law Center.


Giles T. Cohen is Acting Chief Counsel in the Office of the Chief Accountant at the U.S. Securities and Exchange Commission.  Prior to joining the Office of the Chief Accountant, Mr. Cohen was a counsel to Commissioner Luis A. Aguilar, where he was responsible for briefing, advising and representing the Commissioner on a broad variety of matters, including Commission rule making, enforcement recommendations, staff interpretations and other informal guidance.  Prior to that service, Mr. Cohen worked with the Commission’s Division of Enforcement as a senior counsel, where he investigated and prosecuted cases involving a wide variety of federal securities law violations, including those involving misleading financial disclosures, accounting fraud, offering fraud, insider trading, and the Foreign Corrupt Practices Act. 

Before joining the Commission, Mr. Cohen was in private practice as a counsel in the securities group at Wilmer Cutler Pickering Hale and Dorr LLP, where he represented companies, boards of directors and individuals in government investigations involving the Securities and Exchange Commission, the NYSE, Department of Justice and other regulatory agencies, and as an associate in the tax group at Davis Polk & Wardwell. 

Mr. Cohen received his Juris Doctor from the University of Pennsylvania Law School, and graduated with a Bachelor of Arts degree from Cornell University. 


Hester M. Peirce was appointed by President Donald Trump to the U.S. Securities and Exchange Commission and was sworn in on January 11, 2018. 

Prior to joining the Commission, Commissioner Peirce conducted research on the regulation of financial markets at the Mercatus Center at George Mason University.  Before joining the Mercatus Center, Commissioner Peirce was a Senior Counsel on the Senate Committee on Banking, Housing, and Urban Affairs, where she counseled Ranking Member Richard Shelby and other members of the Committee on securities issues.  From 2004 to 2008, Commissioner Peirce worked as counsel to SEC Commissioner Paul S. Atkins.  Prior to that, she worked as a Staff Attorney in the SEC’s Division of Investment Management.  Before working at the SEC, Commissioner Peirce was an associate at Wilmer, Cutler & Pickering (now WilmerHale) and clerked for Judge Roger Andewelt on the Court of Federal Claims.

Commissioner Peirce earned her BA in Economics from Case Western Reserve University and her JD from Yale Law School.


Hope Hall Augustini joined the staff of the Commission in the Office of the General Counsel in 1995. She is now in the Appellate Litigation Group of the General Counsel's Office as a Senior Litigation Counsel and serves as the enforcement liaison to the Division of Enforcement.


Jeffrey Mooney is an Associate Director in the SEC's Division of Trading and Markets.  He heads the Office of Clearance and Settlement where his responsibilities include developing regulatory standards for central counterparties, central securities depositories and other entities that provide clearance and settlement services.  He also represents the SEC in domestic and international policy initiatives. 

During his tenure, Jeffrey Mooney has served as counsel to former SEC Chairman Arthur Levitt, and co-chaired a working group of securities regulators and central bankers that developed the international standards for financial market infrastructures.  He has also received several SEC awards, and has been a presenter at SEC Speaks, the SEC's International Institute, and various securities industry conferences and events.  Jeffrey Mooney received a JD from Georgetown University Law Center and BA in Economics from Fisk University.


Jenny L. Ogasawara serves as the Branch Chief for the Clearing Agency Risk Monitoring Group within the Office of Clearance Settlement/Division of Trading and Markets.  Jenny joined the Commission in 2012 as a Financial Economist and has worked on risk-based supervision and risk initiatives related to CCPs. Prior to joining the Commission, Jenny worked at the US Treasury, focusing on the monetization of TARP assets.  Jenny also worked as an investment banker at UBS and Goldman Sachs covering Global Industrials as well as Equity Capital Markets.  Jenny received her BA in Economics at Claremont McKenna College and an MBA from the University of Chicago, Booth School of Business.


Jessica Kane is the Director of the Securities and Exchange Commission’s Office of Credit Ratings, which is charged with administering the Commission’s rules with respect to the practices of nationally recognized statistical rating organizations (NRSROs) in determining credit ratings for the protection of users of credit ratings and in the public interest; promoting accuracy in credit ratings issued by NRSROs; and working to ensure that credit ratings are not unduly influenced by conflicts of interest and that NRSROs provide greater transparency and disclosure to investors.  Ms. Kane joined the Office of Credit Ratings in September 2017.  She previously served as Director of the Office of Municipal Securities and played a leading role in the implementation and operation of the municipal advisor registration regime.

Ms. Kane first joined the SEC in 2007 in the Division of Corporation Finance where she worked on corporate securities disclosure matters until 2012.  She worked in the agency’s Office of Legislative and Intergovernmental Affairs from 2012 to 2013.

Ms. Kane holds a bachelor’s degree from Georgetown University and received her law degree from George Mason University School of Law, where she was Executive Editor of the Civil Rights Law Journal.


Jonathan A. Ingram currently serves as the Chief Legal Advisor for FinHub in the Division or Corporation Finance of the U.S. Securities and Exchange Commission.  From 2004 to 2018, he served as the Deputy Chief Counsel of the Division.  Prior to joining the Commission in 1998, Mr. Ingram clerked for the Honorable Donald S. Russell on the United States Court of Appeals for the Fourth Circuit.  He received his J.D. summa cum laude from The American University, Washington College of Law, where he was an editor of the American University Law Review.  He earned his B.A. from Washington & Lee University.


Kelly L. Gibson is the Associate Regional Director for Enforcement in the SEC’s Philadelphia office, where she leads the enforcement program.  Ms. Gibson began working at the SEC in 2008 as a staff attorney and became Assistant Regional Director in 2013.  She served as a member of the Division of Enforcement’s Market Abuse Unit from its inception in 2010 through 2017.  Ms. Gibson has investigated and supervised a number of significant investigations involving international cyber, trading, and market manipulation schemes; serial insider trading; broker-dealer and investment adviser regulation; offering frauds; and other securities law violations.  Prior to joining the SEC, Ms. Gibson was a litigator with a law firm in Philadelphia.  She is a graduate of Villanova University School of Law. 


Kristin Snyder is the Co-Deputy Director of the SEC’s Office of Compliance Inspections and Examinations (OCIE) as well as OCIE’s National Associate Director of the Investment Adviser/Investment Company Examination Program.  Ms. Snyder also serves as the Co-Acting Regional Director and Associate Regional Director for Examinations in the SEC’s San Francisco Regional Office, where she leads the examinations program.  Ms. Snyder has worked at the SEC for more than fifteen years, and previously served as a Branch Chief and a Senior Counsel in the San Francisco office’s enforcement program.  Prior to joining the SEC staff, Ms. Snyder practiced with Sidley Austin Brown & Wood LLP in San Francisco.   She earned her law degree from the University of California Hastings College of the Law, and received her bachelor’s degree from the University of California at Davis.


Kurt Gresenz is the Senior Assistant Director in the Office of International Affairs (OIA) of the U.S. Securities and Exchange Commission (SEC), where he oversees the SEC’s international enforcement assistance and cooperation program, and the related international enforcement policy portfolio. In this role, he and his staff assist the SEC’s Enforcement Division in connection with investigations and enforcement actions that cross outside the borders of the U.S., and also liaise with foreign securities, regulatory, and law enforcement authorities in connection with their securities enforcement matters involving the U.S.

Kurt is active in a variety of policy and practice areas related to international securities enforcement and related cross border cooperation. He is the Co-Chair of the SEC’s Cross Border Working Group, a proactive intra-agency effort focused on (i) developing new initiatives to combat cross border securities fraud and (ii) enhancing best practices for investigating and prosecuting these cases. Kurt represents the SEC on two committees – the Screening Group and Committee 4 – of the International Organization of Securities Commissions (IOSCO), which is headquartered in Spain. He is also one of the SEC members of the IOSCO Board’s Data Privacy Sub-Group that negotiated and drafted the first Administrative Arrangement under the European General Data Protection Regulation.

Kurt received his undergraduate degree from Duke University in 1986, and his law degree from the University of Texas in 1989. He joined the SEC’s Enforcement Division in in 2000, and joined OIA in 2008. While at the SEC, Kurt has received several awards for his investigations and enforcement activities, including the Chairman’s Award for Excellence in 2008, 2004 and 2002; and Division of Enforcement Director’s Awards in 2009, 2007, and 2001. He also received an award from the Director of the FBI for his work on the Enron investigation.  In 2011, Kurt received the SEC’s Business Operations Award, for his participation in the Working Group responsible for redesigning and implementing the SEC’s new Tips, Complaints, and Referrals program in response to the Madoff matter. And in 2015, Kurt received the SEC’s International Award for his work with China-related enforcement actions.

Kurt is a frequent speaker on various international securities enforcement topics, both in the U.S. and abroad. Through programs led by the SEC, IOSCO, the International Monetary Fund and the World Bank, he provides technical assistance to foreign jurisdictions concerning, among other topics, (i) the process and substance of complex securities investigations and prosecutions, (ii) international best practices for enforcement cooperation and information sharing in securities enforcement matters, and (iii) expertise and advice concerning related legislative amendments and reform.  In connection with these initiatives, he has participated in programs and projects in Canada, China, Mexico, Guatemala, Panama, Colombia, the Bahamas, Liechtenstein, Cape Verde, South Africa, Mauritius, Saudi Arabia, Qatar, Bahrain, Pakistan, Barbados, Trinidad & Tobago, Jamaica, the United Kingdom, Taiwan, Spain, Malta, the Isle of Jersey, the Dominican Republic, and Vietnam.


Kyle Moffatt is Chief Accountant for the SEC’s Division of Corporation Finance.  He previously served as an Associate Director responsible for oversight of the filing review program for public companies in the healthcare, insurance and financial services industries.  Prior to joining the Division’s senior executive leadership team, Mr. Moffatt was an Associate Chief Accountant in the Division’s Office of the Chief Accountant where he provided accounting and reporting guidance to the financial services and telecommunications industry groups.  He also previously served as an Accounting Branch Chief since joining the Division as a Professional Accounting Fellow in 2000. 

Prior to joining the SEC, Mr. Moffatt was a Manager in the Assurance and Advisory Business Services group at Ernst & Young.  He is a graduate of the University of Maryland at College Park and a member of the American Institute of CPAs.


Laura Hatch currently serves as a Branch Chief in the Analytics Office of the Division of Investment Management (IM). Prior to joining the Analytics Office, Laura served as a Branch Chief in the Disclosure Review and Accounting Office of IM. She joined the Commission as a staff accountant in December 2003, and in 2015, was promoted to Accounting Branch Chief. Before coming to the SEC, Laura spent 11 years in mutual fund accounting and fund administration.

Laura received a BA in International Relations from Bucknell University and a Masters of Business Administration with a concentration in Accounting from the University of Maryland.


LeeAnn Ghazil Gaunt was named Chief of the Enforcement Division’s Public Finance Abuse Unit in November 2013.  As Chief of the Unit, Ms. Gaunt oversees enforcement attorneys and industry specialists in eight Commission offices. The Unit investigates potential violations of the federal securities laws in the area of public finance, including municipal securities and public pension funds. 

Ms. Gaunt joined the Commission in 2000 and previously served as a branch chief and an assistant director with the Boston Regional Office, where she investigated and supervised matters in various areas, including pay-to-play, offering fraud, investment adviser fraud, insider trading and financial fraud. 

Prior to joining the Commission, Ms. Gaunt was a litigation associate at Skadden, Arps, Slate, Meagher & Flom LLP and Goodwin Procter LLP. 

Ms. Gaunt received a bachelor’s degree from Fairfield University and a law degree from Northeastern University School of Law.                

 


Marc P. Berger was named Director of the New York Regional Office in December 2017.  The New York office has responsibility for the largest concentration of SEC-registered financial institutions, including more than 4,000 investment banks, investment advisers, broker-dealers, mutual funds, and hedge funds.

Before serving at the Commission, Mr. Berger was global co-head of Ropes & Gray LLP’s Securities and Futures Enforcement Practice.  His practice focused on white-collar criminal defense, regulatory enforcement, and internal investigations. 

From 2002 to 2014, Mr. Berger served as an Assistant U.S. Attorney in the Southern District of New York, including serving as Chief of that office’s Securities and Commodities Fraud Task Force.  In that role, he supervised the investigation and prosecution of some of the nation’s highest profile financial and investment fraud cases, including the largest crackdown on hedge fund insider trading in U.S. history.  As a prosecutor, Mr. Berger also personally investigated and tried a wide variety of cases involving securities and commodities fraud, as well as other crimes.

Mr. Berger earned his bachelor’s degree with distinction from Cornell University in 1996 and his law degree from the University of Virginia School of Law in 1999.  Before joining the U.S. Attorney’s Office in Manhattan, he served as a law clerk for the Honorable Richard M. Berman of the U.S. District Court for the Southern District of New York.


Matt Jacques is the Chief Accountant of the SEC’s Division of Enforcement having returned to the agency in October 2018.  He had previously served as a senior forensic accountant in the SEC’s Boston Regional Office from 2007 to 2013.  He has nearly two decades of experience as a public accountant, regulator, expert witness and forensic accountant.  Mr. Jacques has led teams conducting complex forensic investigations in high-profile accounting, securities, anti-corruption and other financial matters.  Prior to his time at the SEC, he worked as managing director at an international advisory firm and a forensic accountant at Big Four accounting firm, where he was engaged by counsel to provide technical accounting expertise in investigations and litigation.  He began his career in public accounting as an auditor.

Mr. Jacques is a certified public accountant, certified fraud examiner and holds an accounting degree from the University of Notre Dame.


Michael A. Conley is the Solicitor at the Securities and Exchange Commission, a position that he has held since October 2015.  In that position, Mr. Conley oversees the agency’s appellate litigation and bankruptcy group.  Between September 2011 and October 2015, he was a Deputy General Counsel and from October 2000 to September 2011, he was a member of the Appellate Group within the Commission’s Office of the General Counsel.  Mr. Conley joined the Commission’s staff from Pillsbury Madison & Sutro LLP, where he had been a partner in the firm’s Washington, DC office. 

Mr. Conley graduated in 1989 from Boston University School of Law, where he was editor-in-chief of the law review.  He clerked for Judge Abner J. Mikva of the United States Court of Appeals for the District of Columbia Circuit and for Associate Justice Harry A. Blackmun of the Supreme Court of the United States.


Michele M. Anderson is an Associate Director in the Division of Corporation Finance at the U.S. Securities and Exchange Commission.  As a member of the Division’s senior leadership team, Ms. Anderson is responsible for oversight of the disclosure review program for public companies and the work of the division’s offices of Mergers and Acquisitions, International Corporate Finance, and Structured Finance.  She also oversees rulemaking initiatives and no-action, interpretive, and exemptive positions taken by the Division on domestic and cross-border mergers and acquisitions transactions, multinational offerings, and offerings by foreign issuers in the United States.

Ms. Anderson has been a member of the staff at the SEC since 1998.  From 2008 to 2015, she served as Chief of the Division of Corporation Finance’s Office of Mergers and Acquisitions, overseeing the regulation of domestic and cross-border M&A transactions as well as the statutory and regulatory interpretive functions of the SEC as they relate to tender offers, mergers, contested and other non-routine proxy solicitations, going private transactions, reorganizations, debt restructurings and beneficial ownership reporting.  Prior to that, she served in a variety of positions in the Division, including branch chief of the group responsible for the review of the federal securities law filings, including registration statements, periodic reports and proxy materials, made by telecommunication companies and service providers. 

In addition to her duties at the SEC, Ms. Anderson served as an Adjunct Professor of Law at the Georgetown University Law Center, where she taught the course “Takeovers, Mergers and Acquisitions.”  She received her B.A., magna cum laude, Phi Beta Kappa, from the University of Colorado at Boulder and her Juris Doctorate from the University of Colorado Law School.


Michele Wilham is an Assistant Director in the Office of Credit Ratings (OCR) where she oversees the examinations of nationally recognized statistical rating organizations (NRSROs) and collaborates with the Division of Enforcement regarding NRSRO matters.  Michele chairs two of the IOSCO supervisory colleges for credit rating agencies (CRAs) which strive to promote information sharing, consultation, and cooperation in order to enhance risk assessment of internationally active CRAs and to support effective supervision of such CRAs.  Prior to joining OCR, Michele led and participated in examinations of self-regulatory organizations (SROs) within the Office of Compliance Inspections and Examinations.  Michele has collectively served for over 10 years at the Commission leading examinations of NRSROs and SROs.

Before joining the SEC, Michele was in private practice for several years.  Michele earned her J.D. from the American University, Washington College of Law, where she served as an editor for the ABA Administrative Law Review, and earned her undergraduate degree from Vanderbilt University.


Mr. Brenner has been Chief Counsel of the SEC’s Enforcement Division since January 2011. He also is Adjunct Professor at the Columbus School of Law, Catholic University of America.

Prior to joining the SEC, he was a partner at Wilmer Cutler Pickering Hale and Dorr LLP. At WilmerHale, he was Vice-Chair of the firm’s Securities Department, and his practice focused on securities enforcement, related civil and criminal litigation, and internal corporate investigations.

Mr. Brenner served as a Court Law Clerk for the U.S. Court of Appeals for the District of Columbia Circuit. He graduated from Georgetown University Law Center, and received his undergraduate degree from Cornell University.


Mr. Hertzke is an Assistant Director in the Division’s Analytics Office, which supports the Division’s regulation of the investment management industry by maintaining industry monitoring and examination programs. Prior to joining the Division, Mr. Hertzke served as an Assistant Director in the Commission’s Office of Compliance Inspections and Examinations where he spent several years developing other monitoring and examination programs. Mr. Hertzke has a B.S. in English from Utah State University, a J.D. from the University of Utah College of Law, and an LL.M. in Taxation from the New York University School of Law.


Mr. Mark Wolfe is the Associate Director for the Office of Derivatives Policy and Trading Practices in the agency’s Division of Trading and Markets. He first joined the SEC staff in November 1999 as an attorney in the Office of Compliance Inspections and Examinations’ Market Oversight group. From April 2003 to September 2006, he was a Senior Counsel in the Division of Enforcement and investigated cases involving broker-dealer misconduct, financial fraud, insider trading, and market manipulation. After leaving the Commission in 2006, Mr. Wolfe worked in regulatory affairs and compliance functions at broker-dealers and investment banks including, most recently, as Executive Director of Equities Compliance at J.P. Morgan Securities LLC.

Mr. Wolfe has a bachelor’s degree from James Madison University, a master’s degree from the University of Maine, and law degree from the University of Baltimore School of Law. At the beginning of his career, Mr. Wolfe was an Assistant State’s Attorney in Baltimore County, Maryland.


Natasha Vij Greiner been the Acting Chief Counsel in the Division of Trading and Markets at the U.S. Securities and Exchange Commission since October 2018 and an Assistant Chief Counsel in the Division’s Office of Chief Counsel since April 2016.  The Office of Chief Counsel provides ongoing legal and policy advice on matters affecting various market participants, including broker-dealers and self-regulatory organizations, and the overall operation of the securities markets.  Prior to joining the Division of Trading and Markets in 2012, Ms. Greiner worked in the SEC’s Division of Enforcement for eight years.  While in the Division of Enforcement, Ms. Greiner was the lead attorney in various enforcement matters involving complex institutional and retail trading, market manipulation, municipal bonds, accounting fraud and insider trading.  Prior to her time in the Division of Enforcement, Ms. Greiner was a lead examiner in the SEC’s Office of Compliance Inspections and Examinations where she led and conducted targeted examinations of broker-dealers on issues such as best execution, anti-money laundering, mutual fund sales, structured finance and analyst conflicts.  Ms. Greiner earned a J.D. from The Catholic University of America, Columbus School of Law, and a B.S., cum laude, from James Madison University. 


Pamela A. Gibbs serves as the Chief Diversity Officer for the U.S. Securities and Exchange Commission (SEC).  As head of the agency’s Office of Minority and Women Inclusion, Ms. Gibbs provides strategic and operational leadership to ensure the SEC’s diversity and inclusion strategy advances the goals of the agency’s core mission—protecting investors.  Under the direction of Ms. Gibbs, the SEC has developed strategic partnerships and alliances with diverse educational institutions, professional organizations, and community-based organizations, increased the utilization of minority-owned and women-owned businesses in the agency’s supply chain, and developed diversity standards for the more than 25,000 entities regulated by the SEC.  In addition, the SEC has initiated an enhanced national outreach program to attract a diverse talent pool for current and future employment opportunities.

Prior to joining the SEC, Ms. Gibbs served as the Director for the Office of Diversity and Inclusion at the U.S. Commodity Futures Trading Commission.  Ms. Gibbs began her career at the U.S. Department of Labor, Office of the Solicitor, as a trial attorney in the Civil Rights Division, enforcing.  employment opportunity laws administered by the Office of Federal Contract Compliance Programs.  Later she represented the agency on internal employment discrimination and labor relations matters primarily before the US Equal Employment Opportunity Commission, the Merit System Protections Board, and the Federal Labor Relations Authority.  Ms. Gibbs is a graduate of the University of Virginia and the Georgetown University Law Center. 


Patrick Gilmore is a Deputy Chief Accountant in the Division of Corporation Finance’s Office of Chief Accountant.  Prior to this role, Mr. Gilmore was an Associate Chief Accountant in the Division of Corporation Finance’s Office of Chief Accountant and an Accounting Branch Chief in the Information Technologies and Services industry group in the Division of Corporation Finance.  Prior to joining the Securities and Exchange Commission staff in 2004, Mr. Gilmore was an audit manager at PricewaterhouseCoopers LLP where he primarily served clients in the software and telecommunications industry.  Mr. Gilmore is a graduate of Towson University.


Paul G. Cellupica has been Deputy Director of the Division of Investment Management at the U.S. Securities and Exchange Commission (“SEC”) since November 2017.  From 2014 to 2017 he was Managing Director and General Counsel for Securities Law at Teachers Insurance and Annuity Association of America (“TIAA”), where his responsibilities included legal support for the TIAA-CREF fund complex.  From 2004 through 2014 he worked in the Law Department of MetLife, Inc. in various senior roles, including as Chief Counsel for the Americas, where he had responsibility for legal support of MetLife’s insurance and financial services businesses in the U.S. and Latin America.

Between 1996 and 2004, Mr. Cellupica served at the SEC in a number of capacities in the Division of Investment Management and the Division of Enforcement.  From 2001 to 2004, he was Assistant Director in the Division of Investment Management, where he oversaw rulemaking initiatives related to disclosure provided by mutual funds and variable insurance products.  He received the SEC’s Martha Platt Award in 2002 in recognition of his exceptional dedication, professional excellence, and personal integrity, and was a joint recipient of the SEC’s Law and Policy Award in 2003.  Before joining the SEC, Mr. Cellupica practiced at the law firm of Caplin & Drysdale in Washington, D.C., where his practice focused on securities and commercial litigation.

Mr. Cellupica has a B.A. magna cum laude from Harvard College and a J.D. cum laude from Harvard Law School, and was a law clerk for Judge David Nelson of the U.S. Court of Appeals for the Sixth Circuit.  He is admitted to practice in New York and the District of Columbia. 


Pete Driscoll was named Director of the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) in October 2017, after serving as Acting Director since January 2017.  Before that, he served as OCIE’s first Chief Risk and Strategy Officer, and he was OCIE’s Managing Executive from 2013 through February 2016. 

Mr. Driscoll joined the Agency in 2001 as a staff attorney in the Division of Enforcement in the Chicago Regional Office and was later a Branch Chief and Assistant Regional Director in OCIE’s Investment Adviser and Investment Company examination program. 

Prior to the Agency, Mr. Driscoll began his career with Ernst & Young LLP and held several accounting positions in private industry.  He received his B.S. in Accounting and law degree from St. Louis University.  He is licensed as a certified public accountant and is a member of the Missouri Bar Association. 


Rita Bolger is an Assistant Director in the Office of Credit Ratings (OCR).  In that role, she oversees OCR's monitoring function for credit rating agencies (CRAs) that are registered with the Commission as nationally registered statistical rating organizations (NRSROs), including outreach to NRSROs and their boards.  Ms. Bolger also provides direction and leadership for OCR’s cross border supervisory activities. She is Chair of the International Organization of Securities Commissions' Committee 6 on Credit Rating Agencies, which focuses on cross border regulatory and policy matters and facilitating dialogue among regulators globally and the CRA industry.  

Prior to joining the Commission, Ms. Bolger worked in the private sector in senior legal, regulatory, risk and compliance positions, including as head of global regulatory affairs for a major CRA.  She is a graduate of Smith College and Tulane University’s School of Law.


Robert B. Stebbins was named General Counsel of the Securities and Exchange Commission in May 2017.  Prior to joining the Commission, Mr. Stebbins practiced law at Willkie Farr & Gallagher LLP since 1993, first as an associate and beginning in 2001 as a partner.  At Willkie, Mr. Stebbins focused on mergers and acquisitions, private equity and venture capital, investment funds, and capital markets transactions. He also advised clients on SEC compliance issues and corporate governance matters.

Mr. Stebbins earned a J.D. from the University of Pennsylvania and a B.S. from Central Michigan University, where he was an Academic All-American football player.


Robert Cohen was the first Chief of the SEC Division of Enforcement’s Cyber Unit, which was created in 2017.  Mr. Cohen supervised investigations concerning initial coin offerings and other conduct involving cryptocurrency; hacking to obtain material nonpublic information; cybersecurity events, controls and disclosures at broker-dealers, investment advisers, stock exchanges and public companies; and cyber-related market manipulations.

From 2015 to 2017, Mr. Cohen was Co-Chief of the SEC’s Market Abuse Unit.  Mr. Cohen supervised market structure and trading investigations, including:  violations by national securities exchanges, dark pools, and large broker-dealers; complex insider trading; and large-scale manipulation. 

Mr. Cohen received his J.D. from the New York University School of Law, where he served on the Law Review, and received a B.S. from Cornell University. 


Roel Campos is a partner in Hughes Hubbard & Reed LLP’s Washington, D.C. office and is Chair of the Securities Enforcement practice.  Roel’s practice consists of advising and defending corporate officers and boards of directors with respect to SEC enforcement, FCPA and internal investigations, criminal prosecutions, securities and internal regulation and corporate governance. 

Beginning in 2002, Roel was appointed twice by President George W. Bush and confirmed by the U.S. Senate as a Commissioner of the Securities and Exchange Commission (SEC), and served until 2007.  Earlier in his career, he served as an Assistant U.S. Attorney in Los Angeles.  Roel has also been an entrepreneur, and, with partners, raised capital from major investors and operated a successful broadcasting company.  Roel currently serves on the corporate boards for public and private companies, and he is a recognized expert in financial regulation.

Roel received his B.S. from the U.S. Air Force Academy, his MBA from UCLA, and J.D. from Harvard Law School.


Ryan Wolfe is a Senior Associate Chief Accountant in the Office of the Chief Accountant at the U.S. Securities and Exchange Commission.  Mr. Wolfe currently serves in the Office’s Professional Practice Group, where he monitors the development of auditing standards and consults with registrants and auditors on the application of financial reporting requirements, including requirements related to internal control over financial reporting. He also advises the Commission in its oversight responsibility of the Public Company Accounting Oversight Board.

Mr. Wolfe previously served as the Office of the Chief Accountant’s liaison to the Division of Enforcement on matters involving accounting and auditing, including all aspects of the Commission’s Rule 102(e) program.  Mr. Wolfe graduated with a Bachelor of Science in Business Administration from the University of Richmond and received a certificate in securities regulation from Georgetown University Law Center. He is licensed as a certified public accountant in Virginia and is a Chartered Financial Analyst (CFA) Charterholder.


Shelly Luisi serves as Chief Risk Officer in the Division of Corporation Finance of the U.S. Securities and Exchange Commission.  The mission of the SEC is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.  In support of this mission, the Division seeks to ensure that investors are provided with material information in order to make informed investment decisions, provides interpretive assistance to companies with respect to SEC rules and forms, and makes recommendations to the Commission regarding new rules and revisions to existing rules.  Ms. Luisi leads the Division’s Office of Risk and Strategy, which focuses on developing risk-based approaches to regulatory policies and practices.

Prior to joining the Division in 2015, Ms. Luisi served as Senior Associate Chief Accountant in the SEC’s Office of the Chief Accountant.  In that role, she was responsible for the agency’s interpretive, standard-setter oversight, and communications functions related to accounting principles applicable to SEC registrants. 

Prior to joining the agency in 2000, Ms. Luisi worked in public accounting as an auditor, as well as in industry as Corporate Controller and Vice President of Accounting and Information Systems of an SEC registrant.

Ms. Luisi earned a Bachelor of Science and a Master of Accountancy, both from Florida State University.  She is a CPA, licensed by the state of Georgia.

 


Stephanie Avakian was named Co-Director of the U.S. Securities and Exchange Commission’s Division of Enforcement in June 2017, after serving as Acting Director since December 2016. She was previously the Division of Enforcement’s Deputy Director, serving from June 2014 to December 2016.

Before being named Deputy Director, Ms. Avakian was a partner at Wilmer Cutler Pickering Hale and Dorr LLP, where she served as a vice chair of the firm’s securities practice and focused on representing financial institutions, public companies, boards, and individuals in a broad range of investigations and other matters before the SEC and other agencies.

Ms. Avakian previously worked in the Division of Enforcement as a branch chief in the SEC’s New York Regional Office, and later served as counsel to former SEC Commissioner Paul Carey.

Ms. Avakian received her bachelor’s degree from the College of New Jersey and a law degree from Temple University’s Beasley School of Law, both with high honors.


Steven Peikin was named Co-Director of the SEC’s Division of Enforcement in June 2017.

Before serving at the Commission, Mr. Peikin was Managing Partner of Sullivan & Cromwell LLP’s Criminal Defense and Investigations Group. His practice focused on white-collar criminal defense, regulatory enforcement, and internal investigations.

From 1996 to 2004, Mr. Peikin served as an Assistant U.S. Attorney in the Southern District of New York. He was Chief of the Office’s Securities and Commodities Fraud Task Force, where he supervised some of the nation’s highest profile prosecutions of accounting fraud, insider trading, market manipulation, and abuses in the foreign exchange market. As a prosecutor, Mr. Peikin also personally investigated and tried a wide variety of cases involving securities and commodities fraud, as well as other crimes.

Mr. Peikin received his bachelor’s degree from Yale University and a law degree from Harvard Law School, both magna cum laude. Following law school, he served as a law clerk to the Honorable J. Edward Lumbard, United States Circuit Judge, Second Circuit, and the Honorable Robert P. Patterson, Jr., United States District Judge, Southern District of New York.

Mr. Peikin is Adjunct Professor of Law at NYU Law School. He is President of the Board of Directors of the Center for Hearing and Communication, a non-profit health and human services agency that serves the deaf and hard of hearing.


Steven Wallman is founder and CEO of Folio Financial, Inc. (formerly known as FOLIOfn, Inc.) which, directly and through subsidiaries, offers various financial technology and related services including Folio Investing, Folio Institutional, VIAFolio, First Affirmative Financial Network, and The SRI Conference. 

The Folio family delivers innovative tools and technology that benefit investors and those who serve them. Folio Investing is an online brokerage using its patented technology to help individuals invest in a more diversified, customized, and cost-efficient manner, and to benefit from one-of-a-kind tax management tools. Folio Institutional provides fully-integrated trading, custody, clearing, performance reporting, paperless account opening, state of the art digital engagement and robo/hybrid-advisor solutions along with a complete set of APIs and private label capabilities to investment advisors, banks, credit unions, insurance companies and other enterprise clients. 

VIA Folio is a dynamic platform for capital raising by small to medium sized enterprises, and for those interested in investing in private securities and alternative investments, including non-traded REITs, Reg A+ offerings and others, all with transparency and ease. 

First Affirmative offers investment advisory, portfolio management, and consulting services to investors seeking sustainable, responsible and impact investments, while The SRI Conference, now in its 30th year, is the premier event for advisors and others interested in SRI investing. 

Before founding Folio Financial, Mr. Wallman was an SEC Commissioner from 1994 to 1997, appointed by President Bill Clinton. During Mr. Wallman’s tenure, he was a vocal advocate for individual investors and is now a recognized authority on securities markets, trading, and the application of technology to financial services. He frequently speaks at industry events and recently served on the SEC’s Investor Advisory Committee, where he chaired its Market Structure Subcommittee.

Previously, Mr. Wallman was a partner at the law firm of Covington & Burling. He earned his Juris Doctor from Columbia University, and holds two degrees from the Massachusetts Institute of Technology.


Tamara M. Brightwell serves as Deputy Chief Counsel in the Division of Corporation Finance at the U.S. Securities and Exchange Commission.  Ms. Brightwell oversees the work of the Office of Chief Counsel and advises on legal and policy matters related to the federal securities laws.  Ms. Brightwell served previously as Senior Advisor to SEC Chair Mary Jo White, acting as principal advisor on all matters involving the work of the Division of Corporation Finance and the Commission’s Office of the Chief Accountant.  Ms. Brightwell also has served in a variety of roles in the Division of Corporation Finance, including as Senior Advisor and Senior Special Counsel to the Director. 

Ms. Brightwell received a B.S. in financial management, cum laude, from Clemson University, and a J.D. from the University of Notre Dame Law School.


Thomas C. Swiers is a branch chief in the Office of International Affairs, US Securities and Exchange Commission, responsible for international enforcement. Mr. Swiers started at the Commission in 1998 working in the Office of Chief Counsel for the Division of Enforcement. Later, Mr. Swiers moved to  investigations where he conducted securities investigations in financial fraud, insider trading, front running, market manipulation, Ponzi-prime bank schemes, internal controls and books and records violations.  In 2002 and 2003, Mr. Swiers served as a special Assistant United States Attorney and prosecuted a range of felony and misdemeanor criminal matters, including bank fraud, credit card fraud, forgery, embezzlement of postal funds, and unlawful possession of controlled substances. Prior to coming to the SEC, Mr. Swiers was a litigator specializing in medical malpractice defense with a private law firm for six years.


Thomas K. McGowan is an Associate Director in the Office of Broker-Dealer Finances, Division of Trading and Markets at the Securities and Exchange Commission.  Prior to joining the Commission, Mr. McGowan was an attorney with McGuire Woods Battle and Boothe.  Mr. McGowan received a J.D. from the University of Virginia Law School and a B. S. in Economics from the Virginia Polytechnic Institute and State University.


Tom Collens joined the U.S. Securities and Exchange Commission’s Office of the Chief Accountant as a Professional Accounting Fellow within the Professional Practice Group in June 2017. In this capacity, Tom primarily assists with Commission oversight of the Public Company Accounting Oversight Board (PCAOB). Tom serves as the SEC Staff Observer on the PCAOB’s Data and Technology Task Force.

Prior to joining the Commission, Tom was a senior manager at EY LLP and served within the firm’s Americas’ Professional Practice Auditing group (APPAu) in Tysons, Virginia where he monitored PCAOB standard-setting activities, helped develop firm audit methodology, developed and led firm trainings, and consulted with audit teams on complex auditing matters. Prior to his time in APPAu, Tom served as an assurance senior manager within EY’s Atlanta office where his clients included a large multinational SEC registrant and other entities within the consumer products, manufacturing, and transportation industries.

Tom previously served as a member of the AICPA’s Subcommittee responsible for review and approval of content for the auditing section of the Uniform CPA Examination. Tom received a B.S. in Accounting from Oglethorpe University in Atlanta, Georgia and holds an active CPA license in both Georgia and Virginia.


Tracey Hardin is an Assistant General Counsel in the Office of the General Counsel at the Securities and Exchange Commission.  Tracey has served as a member of the Office’s Appellate Group since June 2005.  She joined the Commission’s staff from the Department of Justice, where she had been a trial lawyer in the Civil Division in Washington, DC.     

Tracey graduated from Vanderbilt University School of Law in 1998, where she was an editor of the Vanderbilt Law Review.  After graduating, she clerked for Judge J. Owen Forrester of the District Court for the Northern District of Georgia and Judge Frank M. Hull of the United States Court of Appeals for the Eleventh Circuit. 


Troy A. Paredes is the founder of Paredes Strategies LLC.  From 2008-2013, Paredes was an SEC Commissioner, appointed by President George W. Bush.

Paredes advises on financial regulation, compliance, risk management, corporate governance, and regulatory strategy.  He also serves as an expert and advisor in regulatory enforcement investigations and in private litigation involving securities law and corporate law.  Paredes has brought his extensive government, compliance, enforcement, and regulatory experience to bear in serving as an independent compliance consultant/corporate monitor.

Paredes was a professor of law at Washington University in St. Louis.  He also has been a Lecturer on Law at Harvard Law School and currently is a Distinguished Scholar in Residence at NYU School of Law.

Paredes co-hosts a podcast on fintech called “Appetite for Disruption.” 

Paredes has served on the board of advisors and as a member of the board of directors at several companies.

Paredes holds a bachelor’s degree in economics from UC Berkeley and earned his J.D. from Yale Law School.


Tyler Raimo serves as Senior Special Counsel in the Office of Market Supervision in the Division of Trading and Markets, where he is responsible for the oversight of alternative trading systems (ATSs) and NMS Stock ATSs.  Prior to joining the Division of Trading and Markets, Mr. Raimo served as a Branch Chief in the Office of Compliance Inspection and Examinations, where he was responsible for examining self-regulatory organizations, ATSs, and broker-dealers.  Prior to joining the SEC in 2007, Mr. Raimo was in-house counsel for a publicly-traded information technology company with both government and commercial customers. Mr. Raimo received a B.A. from the University at Albany, State University of New York;  a J.D. from American University, Washington College of Law; and an LL.M. in Securities and Financial Regulation from Georgetown University Law Center.  


Aaron is a professional accounting fellow at the SEC’s Office of Chief Accountant. He primarily works on accounting, auditing, and reporting matters for public companies and rule proposals under federal securities law. Prior to joining the SEC’s Office of Chief Accountant, he spent 11 years with Deloitte.

Aaron received a Bachelor of Science degree and Bachelor of Arts degree from the University of California, Berkeley. He is a CPA and CFA.


Andrea is a Branch Chief in the Chief Counsel’s Office of the SEC’s Division of Investment Management.  Andrea’s work focuses on exemptive applications, no-action letters and counseling other divisions and offices at the SEC on investment management issues.  Andrea joined the SEC in 2011 and, in addition to the Division’s Chief Counsel’s Office, has worked in the Division’s Rulemaking and Disclosure and Accounting Offices.  

Andrea received a Bachelor of Arts degree from the University of Dayton (cum laude), and a Juris Doctor degree from the Catholic University of America School of Law (magna cum laude).  Prior to joining the SEC, Andrea worked at K&L Gates LLP.


Bridget Fitzpatrick was named the Enforcement Division’s Chief Litigation Counsel in September 2017 after serving as Co Acting Chief Litigation Counsel since November 2016.  She was previously a Supervisory Trial Counsel and an Assistant Chief Litigation Counsel in the Division of Enforcement.  Ms. Fitzpatrick was awarded the Chairman’s Award for Excellence and George Washington University’s Arthur S. Flemming Award for Legal Achievement for her trial work at the Commission. 

Before serving at the Commission, Ms. Fitzpatrick was an Assistant U.S. Attorney in Washington, D.C., where she worked in the domestic violence, appellate, and fraud and public corruption sections of the office.  As a prosecutor, Ms. Fitzpatrick personally tried more than thirty cases to verdict. 

Ms. Fitzpatrick received a bachelor’s degree from Cornell University and law degree from Georgetown University Law Center, both with honors.


Dan is the Associate Director over OCIE’s Office of Clearance and Settlement Examinations and has led that group since 2016.  That group examines the controls and liquidity of clearing agencies critical to the nation’s markets for compliance with the Dodd-Frank act and federal securities laws applicable to clearing agencies.  Dan is also the Associate Regional Director in charge of the Broker-Dealer Examination (BD Exam) Program in the Chicago Regional Office (CHRO) of the SEC and has led that group since 2014.  He joined the CHRO BD Exam Program as an Assistant Regional Director in 2007, where he led some of the CHRO’s and Commissions’ largest and most complex fraud, sales practice and market structure exams of regulated entities.  Prior to that, Dan spent 14 years with the SEC as an attorney in the CHRO’s Enforcement Group.  There, he served as an Assistant Regional Director of Enforcement directing notable investigations and prosecutions of complex fraud and regulatory matters.

Dan has also co-chaired and subsequently sponsored the OCIE’s New and Structured Products Specialized Working Group, where he directed and then supported that group’s efforts to identify such products, educate the exam staff as to the issues associated with them, inform policy and undertake National Exam Initiatives. Dan has also represented the Commission internationally, providing technical assistance and training to securities regulators from developing markets regarding the foundations of effective compliance systems and examination programs.   

Prior to joining the Commission, Dan spent seven years with private law firms in Chicago handling matters involving personal injury and commercial disputes, including commercial fraud claims.  Dan received his Bachelor of Science in Business Administration and his Juris Doctor from the University of Illinois in 1983 and 1986 respectively.


David oversees the work of the Division’s Office of Chief Counsel. The office provides guidance to public companies on registration, reporting and other compliance matters.  The office also annually responds to hundreds of requests to exclude shareholder proposals.

Previously, David was Assistant General Counsel in the SEC’s Office of General Counsel.  There, he advised the Division and the Commission on a number of rulemakings, including implementation of the Sarbanes-Oxley Act, the Dodd-Frank Act, and the JOBS Act. 

Before joining the Office of General Counsel in 1997, David spent three years as an enforcement attorney in the SEC’s San Francisco Regional Office.  Prior to that, he spent eight years in private law practice. 

David received his bachelor’s degree from the University of California at Berkeley in 1982 and his law degree from Georgetown University in 1986.


Eric is an Assistant Director in the SEC’s Office of Compliance Inspections and Examinations, and has been with the Commission since 2003.  In his current role, Mr. Garvey supervises staff in the Office of Broker-Dealer Exchanges that is responsible for exchange inspections and broker-dealer, municipal advisor, and transfer agent examinations in coordination with the SEC’s Regional Offices. 

Prior to joining the SEC, Eric was an attorney in private practice in Washington, DC specializing in securities and financial services.  Eric received a Bachelor of Arts degree from the University of Maryland in 1995, and a Juris Doctor degree from the Columbus School of Law at The Catholic University of America in 2001.


Eugene is an Assistant Director in DERA’s Office of Litigation Economics. He provides financial, economic, and statistical analyses to assist the Commission in its enforcement investigations, including disclosure issues, insider trading, market manipulation, and favorable trade allocations. An econometrician by training, Eugene is especially interested in the application of statistical techniques to enforcement matters.

Eugene received a Ph.D. in Economics from Northwestern University, and a Master’s degree in Quantitative Economics from Maastricht University, the Netherlands. Prior to joining the SEC in 2010, Eugene worked in private sector consulting firms, and taught at the New School for Social Research in New York.


Hans is the Branch Chief for Market Data and Research within the Office of Markets in the Division of Economic and Risk Analysis at the Securities and Exchange Commission. He supervises a team of economists and statisticians who conduct data analysis in support of rule-making and to inform policy decisions, ingest and check the quality if data submitted by exchanges and other SROs, e.g., for pilots, and conduct original research. Hans is also involved and an expert in pilot design and matters related to SRO rules.

Hans received the equivalent of a Bachelor of Science and a Master’s of Science in Industrial Engineering from the University of Karlsruhe, Germany. He earned an MBA from the Owen Graduate School of Management at Vanderbilt University. Hans holds a Master of Science in Economics and a Ph.D. in Finance from Vanderbilt University. Prior to joining the Securities and Exchange Commission in 2012, Hans was a faculty member of the Department of Finance and the Mendoza College of Business at The University of Notre Dame, worked as a Vice President in the Financial Engineering Department at ITG, Inc. in Boston, MA, and was a Director of Transaction Cost Consulting at Pipeline Trading in New York, NY.

Hans is an expert in market microstructure, financial markets in general, and transaction cost analysis (TCA) and he has published in the Journal of Quantitative Analysis and the Journal of Trading.


Jay Clayton was nominated to chair the U.S. Securities and Exchange Commission on January 20, 2017 by President Donald Trump and sworn in on May 4, 2017.

Since joining the Commission, Chairman Clayton has focused on the long-term interests of America’s retail investors, a perspective he shares with the SEC staff. Chairman Clayton has made it a priority to increase the access of retail investors to a diverse range of investment opportunities and see that they continue to benefit from the protections of our securities laws.

Key areas of focus for Chairman Clayton include:

  • making our capital markets more accessible to businesses and investors alike, while ensuring the United States continues to be the world’s leader in terms of effective disclosure and other investor protections; and
  • examining and addressing equity and fixed income market structure issues with an emphasis on fairness, efficiency and resiliency, recognizing that our markets are ever-changing.

Chairman Clayton also has been outspoken on securities law issues related to distributed ledger technology, cryptocurrencies and initial coin offerings.

Prior to joining the Commission, Chairman Clayton was a partner at Sullivan & Cromwell LLP, where he was a member of the firm’s Management Committee and co-head of the firm’s corporate practice.

Chairman Clayton has authored publications on securities law, cybersecurity, and other regulatory issues, and from 2009 to 2017 he was a Lecturer in Law and Adjunct Professor at the University of Pennsylvania Law School. Prior to joining Sullivan & Cromwell, Chairman Clayton served as a law clerk for the Honorable Marvin Katz of the U.S. District Court for the Eastern District of Pennsylvania. A member of the New York and Washington, D.C. bars, Chairman Clayton earned a B.S. in Engineering from the University of Pennsylvania (summa cum laude), a B.A. and M.A. in Economics from the University of Cambridge (Thouron Scholar), and a J.D. from the University of Pennsylvania Law School (cum laude, Order of the Coif).

Chairman Clayton was born at Fort Eustis in Newport News, Virginia and was raised primarily in central and southeastern Pennsylvania. In his professional career, he has lived in Philadelphia, New York, London, and Washington, D.C.


Jennifer Zepralka is the Chief of the Office of Small Business Policy in the U.S. Securities and Exchange Commission’s Division of Corporation Finance.  The office assists companies seeking to raise capital through exempt or smaller registered offerings, and participates in and reviews SEC rulemaking and other actions that may affect small businesses. 

Before joining the Office of Small Business Policy in 2018, Ms. Zepralka was a partner in the Transactional and Securities Departments at Wilmer Cutler Pickering Hale and Dorr LLP, where she focused on federal securities law compliance, disclosure and corporate governance issues.  Ms. Zepralka previously worked in the Division of Corporation Finance as Senior Special Counsel to the Director of the Division of Corporation Finance from 2009 to 2013.  Prior to first joining the SEC staff, she was an associate and counsel at WilmerHale in New York and Washington, DC and an associate at Allen & Overy in London.

Ms. Zepralka received her law degree from the University of Pennsylvania Law School and B.A. from Dartmouth College.


Laura serves on the Nomura Global Financial Products and Nomura Securities International Boards, as well as an independent director of three public company boards : CA Technologies Inc., CIT Group, and Navient Corporation.

Laura was a Special Advisor at Promontory Financial Group for four years and before that JP Morgan’s Independent Consultant for the Global Analyst Conflict Settlement for six years.Laura’s fourteen year government tenure included serving as the 78th member of the Securities and Exchange Commission (including six months as Acting Chairman), Securities Counsel to the United States Senate Banking Committee and as an attorney with the SEC’s Enforcement Division in Washington, D.C. and New York City.


Lisa is Counsel to the General Counsel in the Office of the General Counsel at the Securities and Exchange Commission.  Lisa previously served as a member of the Office’s Appellate Group from 2013 through 2017.  She joined the Commission’s staff in January 2013 from Robbins, Russell, Englert, Orseck, Untereiner & Sauber LLP.

Lisa graduated from Yale University in 2000 and the University of Virginia School of Law in 2007, where she was an Essays Editor for the Virginia Law Review.  After law school, she served as a law clerk to the Honorable Diana Gribbon Motz of the United States Court of Appeals for the Fourth Circuit.


Magda is a Senior Special Counsel for Regulatory Policy in the Office of International Affairs at the United States Securities and Exchange Commission.  In this capacity, she provides analysis, advice, and guidance to the Commission and SEC senior staff on international issues in various subject areas, and represents the Commission on international committees and working groups.

Prior to joining the SEC, Magda was an Associate at Akin Gump Strauss Hauer & Feld LLP in Washington D.C. where she represented companies and private equity firms on transactional matters and other complex business transactions, including mergers and acquisitions and venture capital and private equity investments.

Magda earned her J.D., Magna cum laude, in 2005 from American University Washington College of Law and her B.A., Magna cum laude, in 2002 from University of Rochester.


Martha was named as the U.S. Securities and Exchange Commission’s first director of the Office of the Advocate for Small Business Capital Formation in December 2018, leading the new office created the SEC Small Business Advocate Act of 2016.  As the Advocate for Small Business, Martha oversees the Office dedicated to advancing the interests of small businesses and their investors at the SEC and in the capital markets.  The Office is responsible for advocating for small businesses and their investors by conducting outreach to solicit views on relevant capital formation issues, providing assistance to resolve significant problems, analyzing the potential small business impact of proposed regulations and rules, and recommending changes to mitigate capital formation issues and promote the interests of small businesses and their investors.

Prior to joining the SEC, Martha was a partner at the law firm Balch & Bingham LLP in Birmingham, Alabama, where she represented companies and investors across a spectrum of corporate transactions.

Martha holds bachelor’s degrees in Cognitive Neuroscience and Communications Studies from Vanderbilt University and a juris doctor degree from Georgetown University Law Center.


Mattias is a Financial Economist in the Office of Corporate Finance in the Division of Economic and Risk Analysis at the Securities and Exchange Commission. He conducts economic analysis and research in support of the Commission’s rulemaking and policy development.

Mattias received a Ph.D. in Finance and a Master of Science in Economics and Business from Stockholm School of Economics in Sweden. Prior to joining the Securities and Exchange Commission in 2015, Mattias was a faculty member of the Department of Finance at the Leeds School of Business at the University of Colorado at Boulder, and prior to that an Assistant Professor of Finance at the Worcester Polytechnic Institute in MA.

Mattias is an expert in securities issuance, capital structure, corporate ownership and governance, and international financial market integration, and has published .his research in academic finance journals such as the Journal of Finance, the Journal of Financial Economics, the Journal of Quantitative Analysis, the Review of Financial Studies, and the Review of Finance.


Michael is a senior special counsel in the Division of Investment Management and focuses on fund disclosure and insurance product issues.

Michael joined the Division in 2005 as a staff attorney in the Office of Insurance Products.  He was promoted to branch chief in the Disclosure Review Office in 2011.  Over the years, Michael has worked on a wide range of disclosure filings, exemptive applications, no-action requests, and rulemakings.  He also currently leads the Division’s Investor Experience initiative.

Michael has a BS from the State University of New York at Albany and a JD and an MBA in finance from the State University of New York at Buffalo.


Ms. Olsen is the Director of the SEC’s Office of Municipal Securities (OMS). Previously, she served in the roles of Acting Director, Deputy Director and Chief Counsel for the office.  OMS is responsible for administering SEC rules pertaining to municipal securities brokers and dealers, municipal advisors, investors in municipal securities, and municipal issuers.  OMS advises the Commission on policy matters relating to the municipal securities market and is responsible for policy development, coordination and implementation of Commission initiatives to improve the municipal securities market, as well as providing technical assistance to other SEC offices on wide array of municipal securities matters.  OMS coordinates with the Municipal Securities Rulemaking Board (MSRB) on rulemaking and enforcement actions.  OMS also acts as the Commission’s liaison to the MSRB, Financial Industry Regulatory Authority (FINRA), the Internal Revenue Service, a variety of investor and industry groups, and regulators on municipal securities issues.

Prior to joining the SEC, Ms. Olsen worked as a public finance attorney at the law firm of Ballard Spahr, LLP for over a decade where she served as underwriter’s counsel, bond counsel, lender’s counsel and borrower’s counsel on a wide variety of public debt offerings and private placements.  Ms. Olsen has a bachelor’s degree in Political Science from Boston College, a J.D. from the Georgetown University Law Center and an LL.M in International Business Law from the Vrije Universiteit Amsterdam, The Netherlands.


Ms. Swartz, an attorney, joined the Commission in 2003 and has spent her entire tenure in the Office of Financial Responsibility within the Division of Trading and Markets. This office is responsible for administering the broker-dealer financial responsibility rules, including the net capital rule, customer protection rule, books and records rules, and financial reporting rule. The office also is responsible for administering the capital, margin, segregation, recordkeeping, and reporting rules for security-based swap dealers under Title VII of the Dodd-Frank Act. 

Prior to joining the Commission, Ms. Swartz was an attorney with Thacher Proffitt & Wood, and worked at a public accounting firm. Ms. Swartz received a J.D. from the American University, Washington College of Law and a B.B.A. in Accounting from the University of Notre Dame.


S.P. Kothari was named the U.S. Securities and Exchange Commission’s Chief Economist and Director of the Division of Economic and Risk Analysis (DERA) in March 2019. In this role, he oversees economists, data scientists, and other professionals who provide financial economics and data science in support of the SEC’s mission.

Dr. Kothari joined the SEC from the Sloan School of Management at the Massachusetts Institute of Technology (MIT), where he was a professor of accounting and finance and a former Deputy Dean.

Dr. Kothari spent nearly two decades at MIT, both as a professor and as an administrator. His research interests include financial reporting, valuation, asset allocation, international accounting practices, executive compensation, investment performance, and derivatives.

Dr. Kothari has served as the Co-Chair of the Board of Governors Asia School of Business, Kuala Lumpur, faculty director of the MIT-India Program, and editor of the academic publication Journal of Accounting and Economics. In 2008, he served as global head of equity research for Barclays Global Investors, where he was responsible for research supporting the firm’s active equity strategies and for managing a team of approximately 50 PhDs based around the world.

Dr. Kothari received his B.S. in Engineering from the Birla Institute of Technology and Science and his MBA from the Indian Institute of Management. Dr. Kothari earned his PhD from the University of Iowa.


Sumeera is a Branch Chief in the Disclosure and Review Office of the Division of Investment Management. The Disclosure Review Office is primarily responsible for reviewing investment company registration statements and proxy materials.

Sumeera joined the Division in 2016 as a staff attorney. Previously, she served as Counsel at ProShare Advisors where she worked on the formation and registration of a range of ETF products. Prior to that, she worked at Dechert, where her practice focused on financial services.

Sumeera received her Bachelor of Arts from Oakland University and her JD from the University of Michigan, where she served as an editor of the Michigan Telecommunications and Technology Law Review.


Tom has worked in the SEC’s Office of the General Counsel since 1998, and has been an Assistant General Counsel since 2006.    He helped draft the Part 205 attorney conduct rules, and is involved in investigating possible attorney misconduct and bringing administrative proceedings against attorneys pursuant to SEC Rule of Practice 102(e).   Tom was also involved in drafting the anti-retaliation and other provisions of the Commission’s rules implementing its Dodd-Frank whistleblower program, and has worked on amicus briefs on whistleblower issues, including the United States’ brief in Lawson v. FMR, 571 U.S. 429 (2014), and Digital Realty Trust v. Somers, 138 S.Ct. 767 (2019).

He is a graduate of Harvard University and of the University of Virginia School of Law. 


Wesley “Wes” Bricker is a Vice Chair and PwC’s Assurance Leader for the US and Mexico. In this capacity, Wes’ responsibilities encompass audit quality, business development and portfolio strategy, human capital, diversity, innovation, and technology.

Prior to joining PwC US, Wes served as the Securities and Exchange Commission’s Chief Accountant beginning in 2016, after serving as the deputy chief accountant following a role as a professional accounting fellow. In his role as the SEC’s Chief Accountant, Wes was the principal advisor to the Commission on accounting and auditing matters, and led the Commission’s Office of the Chief Accountant, a group of professionals widely regarded for advancing the quality of accountancy and financial reporting oversight in the capital markets in the US and internationally. He was also responsible for assisting the Commission with discharging its oversight of the Financial Accounting Standards Board (FASB) and the Public Company Accounting Oversight Board (PCAOB), and also served as chair for the Monitoring Group, a group of regulatory and international financial organizations committed to advancing the public interest in international audit standard setting and audit quality.

Wes returns to PwC where he previously served clients in the banking, capital markets, financial technology, and investment management sectors, and also served as a member of the firm's National Quality Organization.

Wes received a BS in accounting from Elizabethtown College and a JD from American University. He is licensed as a certified public accountant and is a member of the New York State Bar Association.


Shelley E. Parratt is Deputy Director of the SEC’s Division of Corporation Finance.  In this capacity, Ms. Parratt oversees the Division’s disclosure review program, which is responsible for assisting over 7,000 reporting companies in meeting their disclosure obligations under the federal securities laws.  Ms. Parratt also assists the Director in strategic planning for the Division and in developing Division policy and operational procedures.

Ms. Parratt served as Acting Director of the Division during the first half of 2017 and the first half of 2009, overseeing all disclosure review, rulemaking and other Division operations.  She received a MBA from Syracuse University and a BA from St. Lawrence University.


William H. Hinman is Director of the SEC’s Division of Corporation Finance.  The Division seeks to ensure that investors are provided with material information in order to make informed investment decisions, provides interpretive assistance to companies with respect to SEC rules, and makes recommendations to the Commission regarding new and existing rules.

Before serving at the Commission, Mr. Hinman was a partner in the Silicon Valley office of Simpson Thacher & Bartlett LLP, where he practiced in the corporate finance group.  He has advised issuers and underwriters in capital raising transactions and corporate acquisitions in a wide range of industries, including technology, e-commerce, and the life-sciences.

Prior to joining Simpson Thacher in 2000, Mr. Hinman was the managing partner of Shearman & Sterling’s San Francisco and Menlo Park offices.  He received his B.A. from Michigan State University with honors in 1977 and his J.D. in 1980 from Cornell University Law School, where he was a member of the Editorial Board of the Cornell Law Review.  He is a member of the Bar Association of the State of California and the Association of the Bar of the City of New York.  Mr. Hinman also is a fellow of the American Bar Foundation.


Adam Wendell is an Attorney Adviser in the Office of Municipal Securities (OMS) at the Securities and Exchange Commission. OMS advises the Commission on policy matters relating to the municipal securities market, is responsible for policy development, coordination and implementation of Commission initiatives to improve the municipal securities market, and provides technical assistance to the Division of Enforcement and the Office of Compliance Inspections and Examinations. OMS also coordinates with the Municipal Securities Rulemaking Board on rulemaking and enforcement actions and oversees MSRB rulemaking and the SEC’s municipal advisor registration program. Prior to joining the SEC in 2016, Mr. Wendell worked as a public finance attorney for over 15 years at McCarter & English, LLP and Hawkins Delafield & Wood LLP. Mr. Wendell received a B.A. in political science and economics from Northwestern University, and a J.D. from New York University School of Law.


Alexis Hall serves as Senior Special Counsel in the Technology Controls Program of the Office of Compliance Inspections and Examinations at the U.S. Securities and Exchange Commission.  In this capacity she provides regulatory guidance in connection to the Commission’s oversight of the use of technology in the U.S. securities markets.  Prior to joining the Commission, she served as Special Counsel in the Division of Market Oversight at the U.S. Commodity Futures Trading Commission.  In that role, Alexis focused on the regulation of futures exchanges and swap execution facilities.   Alexis received her J.D. from Howard University School of Law and her B.A. from the University of Maryland.


Andrew R. Bernstein is a Senior Special Counsel in the Office of Derivatives Policy in the Division of Trading and Markets, where he works on drafting new rules necessary to implement the OTC derivatives reforms in Title VII of the Dodd Frank Act. He also plays a leading role on the cross-divisional and interagency teams responsible for the Volcker Rule. In addition, Andrew provides interpretive advice on the regulatory treatment of novel derivatives products under the Securities Exchange Act of 1934, and administering new product provisions contained in the Dodd-Frank Act. Prior to holding his current position, Andrew was a Branch Chief in the Office of Chief Counsel and a Special Counsel in the Office of Clearance and Settlement, both of which are also in the Division of Trading and Markets. 

Prior to joining the SEC in 2010, Andrew practiced securities and corporate law at Sullivan & Cromwell LLP. Andrew received a Bachelor of Science from the College of Agriculture and Life Science at Cornell University in 1995, and a Juris Doctor, magna cum laude, from American University Washington College of Law in 2005.


Charles E. Cain is the Chief of the Foreign Corrupt Practices Act Unit within the Securities and Exchange Commission’s Division of Enforcement. He has been in the SEC’s FCPA Unit since its formation in 2010 and with the Division of Enforcement for nineteen years. As the Chief, his roles include oversight of the National FPCA program, coordination with domestic and foreign law enforcement, and supervision of individual investigations. During his tenure with the SEC, he has also been responsible for numerous significant cases in other areas including financial fraud, insider trading, offering fraud, market manipulation, disclosure fraud, and broker dealer practices. Mr. Cain is a graduate of The George Washington University Law School.


Daniel Michael is the Chief of the Complex Financial Instruments Unit of the SEC’s Enforcement Division. At the SEC, Dan supervises Unit members nationwide who investigate violations involving complex financial products, including matters relating to their structuring, sale, trading, and valuation. Dan, who is based in the New York Regional Office, joined the SEC in 2010 and was a staff attorney from 2010 to 2014 and an assistant director from 2014 to 2017.

Prior to joining the SEC, Dan was a law clerk to the Honorable Richard M. Berman in the United States District Court for the Southern District of New York and before that an associate at Cravath, Swaine & Moore LLP. He is a graduate of New York University and Harvard Law School.


Daniel Staroselsky is a Senior Litigation Counsel in the Office of the General Counsel at the Securities and Exchange Commission. Dan has served as a member of the Office's Appellate Group since November 2011. He joined the group after working for a year in the Commission' s Division of Trading and Markets.

Dan graduated cum laude from the Georgetown University Law Center in 2006, where he was a member of the Georgetown Law Journal. Before joining the Commission, he practiced in the Supreme Court and Appellate Litigation group at Mayer Brown in Chicago, IL, and clerked for Judge Kathryn A. Oberly of the District of Columbia Court of Appeals.


David D. Lisitza is a member of the Securities and Exchange Commission's Appellate Group, where he writes and supervises the writing of briefs for federal appellate courts, orally argues cases before courts of appeals, and conducts regulatory analysis. 

David’s focus is on insider trading, and he wrote the SEC's appellate briefs in Salman, Newman, Rajaratnam, Gupta, Payton, Obus, and Dorozhko

David clerked for Judge Frank H. Easterbrook of the United States Court of Appeals for the Seventh Circuit. He worked in Mayer Brown’s Supreme Court and Appellate Practice group, and as an associate with Gibson Dunn.

David received both his J.D. and B.A. from the University of Chicago.


David Dimitrious is an attorney at the Securities and Exchange Commission in the Division of Trading & Markets’ Office of Market Supervision, where he focuses on market structure for equities, listed options and fixed income. Mr. Dimitrious also served as a Senior Advisor to former Chair Mary Jo White. Prior to the Commission, Mr. Dimitrious was an associate attorney in the Corporate Group at Fried Frank. Mr. Dimitrious graduated from the University of North Carolina at Chapel Hill and received his J.D., magna cum laude, from the American University Washington College of Law.


David S. Ruder is the William W. Gurley Memorial Professor of Law Emeritus at Northwestern Pritzker School of Law in Chicago.  He served as Dean of the School from 1977 to 1985.  From 1987 to 1989 he served as Chairman of the United States Securities and Exchange Commission.

From 2010 to 2012 he was a member of the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues.  From 2002 to 2010 he served as the founding Board Chairman of the Mutual Fund Directors Forum. From 1999 to 2004 he served as the founding Board Chairman of the Securities and Exchange Commission Historical Society.  He has served as a member of the Advisory Council of the Public Company Accounting Oversight Board,  as a Trustee of the International Reporting Standards Foundation, as a Trustee of the Financial Accounting Foundation, and as a member of the Board of Governors of the National Association of Securities Dealers, Inc.

Professor Ruder is a graduate of Williams College and the University of Wisconsin Law School.  He has received an honorary Doctor of Laws degree from the University of Wisconsin-Madison, the William O. Douglas Award conferred annually by the Association of Securities and Exchange Commission Alumni, and the Institutional Investor Mutual Fund Industry Lifetime Achievement Award.


David Shillman is an Associate Director in the SEC’s Division of Trading and Markets, where he is responsible for oversight of the U.S. equity, options and fixed income markets. Prior to that time, he served in a variety of positions in the Division, including Counsel to the Director and International Counsel. Mr. Shillman was in private practice in New York and Washington, D.C. before joining the SEC in 1995. He is a graduate of Northwestern University and the University of Michigan Law School.


Donna McCaffrey is a Special Trial Counsel in the Litigation and Administrative Practice Group of the SEC’s Office of the General Counsel. Ms. McCaffrey investigates and prosecutes attorney misconduct cases under SEC Rule of Practice 102(e) and Part 205 of the SEC’s Part 205 Standards of Professional Conduct for Attorneys Appearing and Practicing Before the Commission in the Representation of an Issuer. Ms. McCaffrey has a B.A. in Economics from the Catholic University of America and a J.D. from the College of William and Mary Marshall-Wythe School of Law.


Grant Gartman is an Assistant Director in the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations Office of FINRA and Securities Industry Oversight.  In this role, he leads a national team of lawyers, accountants, and examiners that conduct examinations of FINRA, the MSRB, and broker-dealers to ensure compliance with the federal securities laws, FINRA rules, and MSRB rules.  Prior to becoming an Assistant Director, Mr. Gartman was a Senior Special Counsel in OCIE’s Office of Market Oversight, which was responsible for inspections of the self-regulatory organizations, including the equity and options exchanges, FINRA, MSRB, PCAOB, and SIPC.  Mr. Gartman has been with the Commission since 2000.  He received a J.D. from American University and a B.A. in Economics from Pepperdine University. 


Harvey Pitt is CEO of global business consulting firm Kalorama Partners, and its law firm affiliate, Kalorama Legal Services. From 2001-03, Mr. Pitt was 26th SEC Chairman. Mr. Pitt served previously at the SEC (1968-78), including three years as General Counsel.

Mr. Pitt was a senior corporate partner at Fried, Frank LLP (1978-2001). He received his J.D. from St. John's University Law School (1968), and his B.A. from Brooklyn College (1965). He received an honorary St. John's LL.D. (2002).

Mr. Pitt serves on the PCAOB Advisory Council; is an independent director of Paulson & Co.’s international hedge funds and a member of their Audit Committees; is a member of both Millennium Capital’s and Balyasny Asset Management’s Advisory Councils. In 2017 he was appointed to the Advisory board of JBS USA Holdings, Inc.


John C. Roeser is an Associate Director in the Division of Trading and Markets. In this position, he is responsible for the administration of the Division’s regulatory oversight responsibilities of U.S. securities exchanges and FINRA, alternative trading systems, and addresses issues involving market participants, products, and market structure. Mr. Roeser joined the staff in 1998. During his tenure, Mr. Roeser has received numerous SEC awards, including the SEC’s Jay Manning Award in 2008, which is given annually to an employee in the Division of Trading and Markets who demonstrates an outstanding commitment to excellence in preserving fair and honest markets. Mr. Roeser holds a bachelor’s degree from Michigan State University and graduated cum laude from Michigan State University College of Law. He received a master of laws in securities and financial regulation from Georgetown University Law Center.


John Polise is the Associate Director, Broker-Dealer and Exchange (BDX) group in the SEC’s Office of Compliance Inspection and Examinations Market Oversight. John oversees a national staff of examiners which inspect registered broker-dealers, transfer agents, national securities exchanges, the MSRB and SIPIC. Previously, he was head of OCIE’s Market Oversight group. Mr. Polise has served as an Assistant Director in the SEC’s Division of Enforcement, the Division of Trading and Markets, and the Office of Compliance Inspections and Examinations. Mr. Polise was also Counsel to the Chairman of the CFTC and Counsel to the Director, Division of Enforcement at the CFTC. He also held positions at FINRA in both Enforcement and Member Regulation. 

John began his career as an Associate at Cahill Gordon & Reindel in New York and clerked for the Honorable Stanley Sporkin, US District Court for the District of Columbia. He graduated from the University of Pennsylvania, magna cum laude in 1985 and is a 1988 graduate of New York University School of Law. He has been an adjunct professor in Securities Law at Georgetown University School of Law and the Antonin Scalia School of Law. Mr. Polise recently authored an article on equity market structure titled, A Bridge too Far: A Critical Analysis of the Securities And Exchange Commission's Approach to Equity Market Regulation, 11 Brook. J. Corp. Fin. & Com. L. 285 (2017).


Joseph Sansone is Chief of the SEC Market Abuse Unit, a specialized group that uses data analysis to investigate complex insider trading rings and other abusive trading schemes and misconduct. Mr. Sansone’s work at the SEC includes actions charging more than 40 defendants in a scheme to trade on nonpublic information hacked from newswire services as well as numerous insider trading cases against corporate insiders, investment bankers, hedge fund traders, and others. In addition, Mr. Sansone has supervised SEC enforcement actions against individuals and firms for manipulating the price of securities including thought brokerage account takeovers and layering and spoofing. He has also been actively involved in the SEC’s efforts to expose misconduct by operators of exchanges, dark pools, and other trading venues and to hold them accountable for such violations. Mr. Sansone joined the SEC after working as a litigator at a law firm in New York and serving as a law clerk to the Honorable Nathaniel R. Jones on the U.S. Court of Appeals for the Sixth Circuit. He received his law degree from Harvard Law School and his undergraduate degree from Harvard College.


Katherine P. Feld is Senior Special Counsel to the Deputy Director in the Office of Compliance Inspections and Examinations (OCIE) at the U.S Securities and Exchange Commission (SEC) in New York. She provides legal and regulatory guidance for investment company (IC) and investment adviser (IA) examinations on matters involving open-end funds, closed-end funds, exchange-traded funds (ETFs), board governance, compliance programs, transfer agents, variable annuity products, sub-advisory relationships and wrap account programs. 

Ms. Feld is co-coordinator of OCIE’s Investment Company Specialized Working Group, a task force across the SEC’s regional offices to collaborate and discuss current issues, exam initiatives and concerns related to investment companies, as well as inform rulemaking and policy initiatives. 

Prior to joining the SEC in May 2013, Ms. Feld spent nearly 30 years with major financial services firms in senior legal and compliance roles. She was previously Vice President & Corporate Counsel with Prudential Investments LLC, the mutual fund advisory and distribution unit of Prudential Financial; Chief Compliance Officer (CCO) and Counsel for the Alger Funds; Vice President & Senior Counsel with OppenheimerFunds; and associate attorney with Brown & Wood LLP (now Sidley Austin LLP) in New York. Ms. Feld holds a J.D. from Cornell Law School, M.B.A. from Cornell University’s Johnson Graduate School of Management, and B.A. in Economics from the University of Virginia, graduating Phi Beta Kappa with high distinction.


Keith Cassidy is an Associate Director in the Securities and Exchange Commission’s (SEC) Office of Compliance Inspections and Examinations (OCIE) and the National Technology Controls Program (TCP) Director. In this role, Mr. Cassidy oversees a staff of technologists and attorneys responsible for conducting examinations of entities subject to Regulation Systems Compliance and Integrity (SCI). His staff also administers the SEC’s CyberWatch program, which is the primary intake point for information filed under Regulation SCI. 

Before joining OCIE, Mr. Cassidy was the Director of the SEC’s Office of Legislative and Intergovernmental Affairs, where he worked directly for three separate Chairmen. Before coming to the Commission in 2010, Mr. Cassidy was Chief of Staff and Counsel at the Department of Justice’s Office of Legislative Affairs. Prior to his time at the Department of Justice, Mr. Cassidy worked in the United States Senate as a legislative assistant. 

He received his law degree from the George Washington University Law School and his LL.M. in Securities and Financial Regulation from Georgetown Law Center. He holds a bachelor’s degree in History from the University of Virginia. 

Mr. Cassidy is also an Infantry Officer in the U.S. Marine Corps Reserve, where he serves as the Commanding Officer of B Company, 4th Reconnaissance Battalion, and has earned numerous awards.


Kevin W. Goodman leads the U.S. Securities and Exchange Commission’s FINRA and Securities Industry Oversight group (“FSIO”), which is responsible for comprehensive oversight of FINRA, including conducting oversight examinations of broker-dealers to assess the quality of FINRA’s examinations, as well as inspecting all areas of FINRA’s operations. FSIO also oversees the MSRB. In addition, Mr. Goodman serves as a member of the Executive and Operating Committees for the SEC’s National Examination Program. Prior to assuming his current role, Mr. Goodman led the SEC’s National Broker-Dealer Examination Program for over three years. Mr. Goodman’s SEC experience also includes having served for six years as Associate Regional Director of the SEC’s Denver Regional Office, where he managed the examination program for the office. Mr. Goodman joined the SEC staff in Los Angeles in 1992 as an Attorney-Adviser, and later served as Branch Chief, Senior Special Counsel, and Assistant Director, all with the Investment Adviser/Investment Company Examination Program. Mr. Goodman graduated from Purdue University in 1982 with a degree in accounting and received his law degree from Indiana University in 1985. Prior to joining the SEC staff, Mr. Goodman practiced corporate and securities law in the private sector with an emphasis on mergers and acquisitions.


Michael A. Macchiaroli is an Associate Director, Office of Broker-Dealer Finances, Division of Trading and Markets, U.S. Securities and Exchange Commission, where he is responsible for the broker-dealer financial responsibility program, which deals with the capital record-keeping, reporting and customer protection Rules. Mr. Macchiaroli has been employed at the Commission since 1970 and in the Division of Trading and Markets since 1978.


Paul Atkins founded Patomak Global Partners, LLC in 2009 and serves as the chief executive officer.

At Patomak, Mr. Atkins leads client work for financial services firms regarding an array of issues, including regulatory requirements, investigating and improving the effectiveness of compliance systems, and designing and implementing compliance policies and procedures. Mr. Atkins regularly serves as an independent compliance consultant and a court-appointed monitor in federal settlements. His expert witness engagements include federal, state, and foreign litigation, as well as SEC matters.

Since 2017, Mr. Atkins has led industry efforts to develop best practices for digital asset issuances and trading platforms as co-chair of the Token Alliance, an initiative of the Chamber of Digital Commerce. In 2017, Mr. Atkins served as a member of the President’s Strategic and Policy Forum advising on financial markets regulation and economic policy, and he led the President-elect’s transition team for independent financial regulatory agencies.

Prior to founding Patomak, Mr. Atkins served as a Commissioner of the U.S. Securities and Exchange Commission, 2002-2008. From 2009 to 2010, he was appointed by Congress to serve as a member of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP). He started his public service work in 1990, serving on the staffs of SEC chairmen Richard C. Breeden and Arthur Levitt as chief of staff and counsellor, respectively, until 1994.
 
In private practice, Mr. Atkins was a partner of PricewaterhouseCoopers and predecessor firm Coopers & Lybrand. Mr. Atkins began his career as a lawyer with Davis Polk & Wardwell in New York.

Mr. Atkins received his A.B., summa cum laude, Phi Beta Kappa, from Wofford College and his J.D. from Vanderbilt University School of Law.


Richard Humes is Associate General Counsel for the Litigation and Administration Practice for the Securities and Exchange Commission.  Mr. Humes has served with the Commission since 1977.  He received the SEC Distinguished Service Award in 1991 and the Presidential Meritorious Executive Award in 1996.  After passage of the Sarbanes-Oxley Act, Mr. Humes spearheaded the SEC team that promulgated ethical standards for attorneys who practice before the Commission on behalf of a public company.  Before the 9th Circuit, Mr. Humes successfully argued for the SEC’s broad power under Sarbanes-Oxley to freeze “extraordinary payments” to company officers that are made when the Commission is investigating possible wrongdoing.  Mr. Humes earned his B.A. from Brown University in 1973 and graduated cum laude from Howard University School of Law in 1976.


Richard R. Best was named Regional Director of the U.S. Securities and Exchange Commission’s Atlanta Regional Office in February 2018. He was previously the Regional Director of the Salt Lake Regional Office, serving from July 2015 to February 2018.

Before coming to the Commission, Mr. Best was a Chief Counsel in the Department of Enforcement of the Financial Industry Regulatory Authority (FINRA). Mr. Best was also a Director, Senior Trial Attorney and Trial Attorney at FINRA.

Mr. Best previously worked as an Assistant District Attorney in the Office of the Bronx County District Attorney. He was a supervisor in the Office’s Rackets Bureau where he managed high-profile public integrity and organized crime prosecutions, among other matters. 

Mr. Best received his bachelor’s degree from the State University of New York, College at Old Westbury and a law degree from the Howard University School of Law.


Rick Fleming was appointed in February, 2014, to be the first director of the Office of the Investor Advocate at the U.S. Securities and Exchange Commission. As the Investor Advocate, Mr. Fleming has built an office charged with the responsibility for assisting retail investors in their interactions with the Commission and self-regulatory organizations (SROs), analyzing the impact on investors of proposed rules and regulations, identifying problems that investors have with financial service providers and investment products, and proposing legislative or regulatory changes to promote the interests of investors. In addition, he has introduced a new program which utilizes surveys and other research methods to help the Commission understand the needs of investors.

Prior to joining the Commission, Mr. Fleming spent fifteen years as a state securities regulator, including more than a decade as General Counsel for the Office of the Kansas Securities Commissioner. He represented the state in a broad range of disciplinary proceedings against broker-dealers and investment advisers, prosecuted criminal cases involving securities fraud, and drafted legislation and regulations to protect investors. He moved to Washington, D.C. in 2011 to become the Deputy General Counsel for the North American Securities Administrators Association (NASAA), where he advocated for investors and represented the organization of state securities regulators before Congress and federal agencies, including the SEC.

Mr. Fleming was raised in the small town of LeRoy, Kansas, graduated summa cum laude from Washburn University with a dual major in finance and economics, and holds a law degree from Wake Forest University.


Robert J. Jackson Jr. was appointed by President Donald Trump to the U.S. Securities and Exchange Commission (SEC) and was sworn in on January 11, 2018.

Commissioner Jackson has extensive experience as a legal scholar, policy professional, and corporate lawyer. He comes to the SEC from NYU School of Law , where he is a Professor of Law. Previously, he was Professor of Law at Columbia Law School and Director of its Program on Corporate Law and Policy. Commissioner Jackson’s academic work has focused on corporate governance and the use of advanced data science techniques to improve transparency in securities markets. He was the founding director of Columbia Law School’s Data Lab, which used cutting-edge technology to study the reliability of corporate disclosures. Commissioner Jackson has written more than 20 articles in the nation’s most prestigious legal and economics journals. His published work includes a study shining light on trading activity before the announcement of major corporate events, the first study of the effect of mandatory disclosure required by the JOBS Act on trading by individual investors, and the first comprehensive study of CEO pay in firms owned by private equity. In 2012, Columbia Law School students honored Commissioner Jackson with the Willis L.M. Reese Prize for Excellence in Teaching . He has testified on his scholarship before the U.S. Senate, and his work was previously the subject of rulemaking commentary before federal agencies, including the Federal Reserve and the SEC.

Before joining the Columbia Law School faculty in 2010, Commissioner Jackson served as a senior policy advisor at the U.S. Department of Treasury, working with Kenneth Feinberg, the Special Master for TARP Executive Compensation. In this role, he oversaw the development of policies designed to give shareholders a say on pay, improve the disclosure of executive bonuses, and encourage TARP recipients to more closely tie pay to performance. Earlier in his career, Commissioner Jackson practiced law in the executive compensation department of Wachtell, Lipton, Rosen & Katz.

Commissioner Jackson holds two bachelor’s degrees from the University of Pennsylvania, an MBA in Finance from the Wharton School of Business, a master’s degree from Harvard’s Kennedy School of Government, and a law degree from Harvard Law School. He was born in the Bronx, New York, and is a lifelong Yankees fan.


Roberta S. Karmel is Centennial Professor of Law and Co-Director of the Dennis J. Block Center for the Study of International Business Law at Brooklyn Law School. She was engaged in the private practice of law in New York City for over thirty years. She was a Commissioner of the Securities and Exchange Commission from 1977-80, a public director of the New York Stock Exchange, Inc. from 1983-89, and a member of the National Adjudicatory Council of the NASDR from 1998-2001. Professor Karmel was a Trustee of the Practising Law Institute from 1983-2013 and Chair of the Board of Trustees from 2012-13. Her book Life at the Center: Reflections on Fifty Years of Securities Regulation was published by PLI in 2014. Her book Regulation by Prosecution: The Securities and Exchange Commission Versus Corporate America was published by Simon & Schuster in 1984. She has also authored over 50 articles in legal journals.


Sarah R. Prins is an attorney in the Office of the General Counsel at the Securities and Exchange Commission. Sarah has served as a member of the Office’s Appellate Group since March 2015.  She joined the Commission’s staff from Robbins Russell in Washington, D.C., where she was an associate.

Sarah graduated from Duke University in 2009, where she was an Executive Editor of the Duke Law Journal. After graduating, she clerked for Judge E. Grady Jolly of the United States Court of Appeals for the Fifth Circuit.


Ted Yu is the Chief of the Office of Mergers and Acquisitions in the Division of Corporation Finance at the U.S. Securities and Exchange Commission (SEC).  Previously, he was the Senior Advisor to SEC Chair Mary Jo White, Senior Special Counsel to the Director of the Division of Corporation Finance, and Senior Special Counsel in the Division’s Office of Chief Counsel.  In addition, Mr. Yu was in private practice in New York and Washington, D.C.  He received his law degree from The George Washington University Law School and his B.A. in history from Cornell University.


Timothy White, Jr. serves as a Special Counsel in the Office of Chief Counsel of the Division of Trading and Markets at the U.S. Securities and Exchange Commission.  Prior to joining the Division of Trading and Markets, Mr. White served as a Special Counsel in the Office of Compliance Inspections and Examinations at the SEC.  Mr. White’s expertise includes broker-dealer registration issues, crowdfunding initiatives under the JOBS Act, penny stock disclosures, peer-to-peer lending, and EB-5 immigration visa programs.  Prior to joining the Commission, Mr. White worked as a broker-dealer/investment adviser attorney at a Washington, D.C. law firm.  Mr. White received his J.D. from the Duke University School of Law, and his B.A. in Political Science from Wake Forest University.


Alison is the Chief Accountant of the Division of Investment Management at the U.S. Securities and Exchange Commission. In this role, Alison works closely with Commission staff to develop recommendations for policies to ensure the full and fair disclosure of financial information by investments companies, interpretations of rules relating to the form and content of financial statements, and the establishment of uniform standards of auditing and accounting practices with respect to investment companies. Alison also manages the accounting examination program within the Division of Investment Management which reviews and provides comments on thousands of registered investment company’s annual financial statements and regulatory filings each year. She frequently discusses investment company accounting rules and industry practice issues at regional and national conferences. 

Alison joined the SEC in 2015 from KPMG LLP where she was as a Senior Manager in the audit practice specializing in the investment management industry, including investment companies registered under the Investment Company Act of 1940, private funds, commodity pools, family office trusts, and investment companies regulated by the Small Business Administration. 

Alison has a Masters in Accounting from the Ohio State University Fisher College of Business. Alison is a Certified Public Accountant licensed in Ohio.


James McLoughlin is a Financial Economist in DERA’s Office of Asset Management, where he has served as lead economist on Commission rulemakings, helps analyze applications for new exchange-traded products, and provides other ad-hoc economic support.  James holds a Ph.D. in Finance and an M.F.E. from the University of California, Berkeley as well as a B.S. in Systems Engineering from the University of Virginia. He began his career developing artificial intelligence software and has held software development, portfolio management, and research positions in the asset management industry.


Kevin is an Assistant Director in the Office of Credit Ratings (OCR). He manages attorneys who perform legal work and business operations within OCR. From August of 2011 until January of 2015, Mr. O’Neill was a Deputy Secretary in the Commission’s Office of the Secretary. Mr. O’Neill joined the Commission’s Division of Corporation Finance in 2001 as a an attorney advisor and was later promoted to special counsel administering corporate finance programs related primarily to smaller public and private companies. Kevin began his career in a law firm and later served as in-house counsel at a bio-tech company.


Mr. Abonamah is the Senior Counsel to the Director in the Office of Municipal Securities (OMS). Mr. Abonamah advises the OMS director on matters pertaining to the SEC’s municipal securities activities. OMS advises the Commission on policy matters relating to the municipal securities market, is responsible for policy development, coordination and implementation of Commission initiatives to improve the municipal securities market, and provides technical assistance to the Division of Enforcement and the Office of Compliance Inspections and Examinations. OMS also coordinates with the Municipal Securities Rulemaking Board on rulemaking and enforcement actions and oversees MSRB rulemaking and the SEC’s municipal advisor registration program. Prior to joining the OMS, Mr. Abonamah worked as a public finance attorney at Squire Patton Boggs (US) LLP where he served as bond counsel, underwriter’s counsel, and disclosure counsel on a wide variety of public finance transactions. Mr. Abonamah received his B.A. in political science from the University of Dayton, and earned his J.D. from Case Western Reserve University School of Law.


Mr. Roy, an attorney, joined the Commission in February 1999 and has spent his entire tenure in the Office of Financial Responsibility within the Division of Trading and Markets. This office is responsible for administering the broker-dealer financial responsibility rules, including the net capital rule, customer protection rule, books and records rules, and financial reporting rule. The office also is responsible for administering the capital, margin, segregation, recordkeeping, and reporting rules for security-based swap dealers under Title VII of the Dodd-Frank Act. Other office responsibilities include reviewing the broker-dealer customer margin rules of the self-regulatory organizations and administering the Commission’s oversight of the Securities Investor Protection Corporation (SIPC).

Mr. Roy received a Bachelor of Arts degree from Middlebury College and a Juris Doctor degree from Catholic University. 


Ms. Rina Hussain is an Assistant Director in the Broker-Dealer Exchange group within the Office of Compliance, Inspections and Examinations of the US Securities and Exchange Commission. Ms. Hussain holds a BS degree in Accounting from Rutgers University and an MBA in Finance & Economics from Fordham University. She has worked in the securities industry for over twenty years at the SEC, FINRA and broker-dealers. Most of her work has been in the arena of examinations of broker-dealers and Self-Regulatory Organizations (SROs) giving her an opportunity to develop an expertise relating to firms' order handling and trading practices and policies & procedures. She has also conducted inspections of equity and options exchanges and FINRA, where she has reviewed regulatory programs relating to internal controls, order handling and equity and fixed income surveillance.


Natasha is a Senior Special Counsel in the SEC’s Office of International Affairs (OIA), where she facilitates international cooperation on a variety of cross-border supervisory issues. Prior to joining OIA, Natasha served as a Branch Chief in the SEC’s Office of Credit Ratings where she oversaw examinations of credit rating agencies registered with the SEC as nationally recognized statistical rating organizations.

Prior to joining the SEC, Natasha worked in the capital markets and corporate finance group of a DC-based law firm.

Natasha received a Juris Doctor degree from American University, Washington College of Law, in 2002.