SUBSCRIBE

CATEGORIES

U.S. SEC taps new corporation finance chief, general counsel

imageStock Markets2 minutes ago (Jun 14, 2021 12:48PM ET)

(C) Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo

By Chris Prentice

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Monday named a new chief to lead its unit tasked with overseeing public company disclosures, a high-profile role as the agency moves to address rising calls for greater transparency from companies about environmental, social and governance issues.

Renee Jones, recently an associate dean at Boston College Law School, will become director of the SEC’s division of corporation finance on June 21, the SEC said in a statement. Before her career in academia, Jones was an attorney with Hill & Barlow law firm.

The SEC’s division of corporation finance has been reviewing public company disclosures around climate risks, an issue that has gained increasing attention from regulators. SEC Chair Gary Gensler, who took the helm at the agency in April, has said rulemaking around climate risk will be a key focus.

The unit’s current acting head, John Coates, will become SEC general counsel, also effective June 21, the statement said. Coates, previously a professor at Harvard University, has been leading the division of corporation finance since February.

U.S. SEC taps new corporation finance chief, general counsel

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.