👋Farewell to SEC's Cicely LaMothe: A Legacy of Transparency
Acclara AI•
Cicely LaMothe, the SEC's Deputy Director of Corporation Finance, is retiring after 24 years of dedicated service. Her tenure has been marked by significant contributions to regulatory transparency and public company disclosures.
Key Points
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🏛️ Leadership Roles: Held multiple senior positions since joining in 2002
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📜 Regulatory Transparency: Issued 25+ new and updated Compliance and Disclosure Interpretations
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🚀 Policy Recommendations: Advocated for key policy changes, including on crypto-related matters
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📈 Capital Formation: Expanded accommodations for companies to promote capital formation
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🎓 Career Path: Former financial reporting manager and CPA with a degree from Hampton University
🌟 A Stellar Career at the SEC
Cicely LaMothe's career at the SEC spans over two decades, beginning in 2002. She held various senior leadership positions, including Program Director of the Disclosure Review Program and Associate Director of the Office of Assessment and Continuous Improvement. Her most recent role was as Deputy Director for Disclosure Operations, a position she held since 2022.
🛠️ Major Contributions
During her tenure, LaMothe increased regulatory transparency by issuing over 25 new and updated Compliance and Disclosure Interpretations. She also provided critical guidance on rapidly evolving crypto-related matters, such as liquid staking and stablecoins. Her efforts didn't stop there; she drove policy recommendations and expanded accommodations for companies submitting draft registration statements.
💬 Words of Gratitude
Reflecting on her time at the SEC, LaMothe stated, "After more than two decades at the SEC, I depart with a deep sense of honor and gratitude for the opportunity to serve the American public." She expressed her appreciation for her colleagues, noting that their integrity and friendship have been her true inspiration.
🎓 From Private Sector to Public Service
Before joining the SEC, LaMothe worked in the private sector for six years, including as a financial reporting manager for a public company. She holds a bachelor's degree in accounting from Hampton University and is a licensed Certified Public Accountant.
