📢New Sheriff in Town: Keith E. Cassidy Takes the Helm at SEC Examinations
Acclara AI•
The SEC has officially named Keith E. Cassidy as the new Director of the Division of Examinations. With a track record of modernizing examination practices and enhancing resource allocation, Cassidy is set to lead with a tech-savvy approach.
Key Points
•👤 Who's Who: Keith E. Cassidy, the new Director of the Division of Examinations
•📅 Timeline: Acting Director since May 2024, officially appointed now
•💡 Innovations: Developed an examination projection model to improve resource allocation
•👥 Leadership: Praised by SEC Chairman Paul S. Atkins for his steady leadership
🌟 The New Director's Journey
Keith E. Cassidy isn't new to the SEC scene. Having joined the division in 2017 to lead the Technology Controls Program, he oversaw technology-focused examinations, including the SEC’s CyberWatch Program and the Cybersecurity Program Office. Before this, he served as the Director of the SEC’s Office of Legislative and Intergovernmental Affairs. Cassidy’s background is a blend of legal expertise and tech-savvy oversight.
📈 Modernizing the Examination Process
As the Acting Director since May 2024, Cassidy spearheaded initiatives to strengthen the national examinations program. He developed an examination projection model to improve risk-based resource allocation and adopted a metric-based operational effectiveness framework. This modern approach aims to make the examination process more efficient and effective.
“Keith has demonstrated steady leadership and a commitment to risk-based, technology-informed oversight,” said SEC Chairman Paul S. Atkins.
🔧 Focus on Technology and Cybersecurity
Cassidy’s tech-forward mindset isn't just for show. He led the Technology Controls Program and was heavily involved in the SEC’s CyberWatch Program and Cybersecurity Program Office. His efforts have been pivotal in modernizing the SEC’s approach to technology and cybersecurity, making sure that the oversight is as advanced as the threats it monitors.
🎖 A Multifaceted Leader
Beyond his SEC role, Cassidy is a Lieutenant Colonel in the U.S. Marine Corps Reserve, currently serving as the Commanding Officer of the 4th Reconnaissance Battalion. He holds multiple degrees, including a J.D. from George Washington University Law School and an LL.M. in Securities and Financial Regulation from Georgetown Law Center. His diverse background and extensive qualifications make him a well-rounded leader for the Division of Examinations.
