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Financial Services Law Insights and Observations

SEC Announces Senior Staff Changes

Examination SEC

Securities

On November 12, the SEC named Marc Wyatt as the Director of the Office of Compliance Inspections and Examinations (OCIE) and the leader of the agency’s National Exam Program. When Andrew Bowden left the SEC in April 2015, Wyatt stepped in to serve as the agency’s Acting Director. Prior to joining the SEC in 2012, Wyatt was a principal and senior portfolio manager of a global multi-strategy hedge fund and a senior investment banker in both the U.S. and the U.K. In a separate November 13 announcement, the SEC appointed Sanket Bulsara as the Deputy General Counsel for Appellate Litigation and Adjudication, succeeding Michael A. Conley, who was appointed as SEC Solicitor. Former SEC Solicitor Jacob H. Stillman will continue to serve as senior advisor.