🚀James Moloney Takes the Helm at SEC's Corporation Finance Division
Acclara AI•
The SEC just named James Moloney, a corporate governance whiz, as the new Director of the Division of Corporation Finance. Moloney's deep expertise promises a fresh wave of innovation and streamlined regulations.
Key Points
•📆 Start Date: Moloney begins his new role next month
•👩💼 Leadership Transition: Cicely LaMothe returns to her Deputy Director role
•💼 Experience: Moloney brings 25 years from Gibson Dunn & Cutcher
•🎓 Academic Credentials: Moloney holds degrees from Georgetown, Pepperdine, and Boston University
🏢 A Change at the Top
In a move signaling fresh leadership, the SEC has appointed James Moloney as the new Director of the Division of Corporation Finance. Effective next month, Moloney will succeed Cicely LaMothe, who will return to her Deputy Director role.
📚 The Man Behind the Title
Moloney isn't just any lawyer; he's a seasoned veteran. With 25 years at Gibson Dunn & Cutcher, he has ascended from corporate associate to equity partner. His tenure at the SEC from 1994 to 2000 saw him as the primary author of Regulation M-A, a comprehensive set of rules governing mergers & acquisitions, tender offers, and proxy solicitations.
👥 Leadership Insights
SEC Chairman Paul S. Atkins praised Moloney's deep understanding of corporate governance and disclosure. > "Jim is a seasoned professional who understands all aspects of corporate governance and disclosure. He brings decades of experience to our regulatory efforts with an eye toward supporting innovation and facilitating capital formation," Atkins said.
🚀 Looking Ahead
Moloney expressed enthusiasm for his new role, emphasizing the importance of a clear regulatory framework for companies to disclose valuable information to investors. > "I am both excited and grateful for this opportunity to work with Chairman Atkins to implement a clear regulatory framework," Moloney said.
