Home Business U.S. SEC faucets new company finance chief, common counsel By Reuters

U.S. SEC faucets new company finance chief, common counsel By Reuters

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© Reuters. FILE PHOTO: The seal of the U.S. Securities and Change Fee (SEC) is seen at their headquarters in Washington, D.C., U.S., Could 12, 2021. Image taken Could 12, 2021. REUTERS/Andrew Kelly/File Photograph

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By Chris Prentice

WASHINGTON (Reuters) -The U.S. Securities and Change Fee (SEC) on Monday named a brand new chief to guide its unit tasked with overseeing public firm disclosures, a high-profile position because the company strikes to handle rising requires higher transparency from corporations about environmental, social and governance points.

Renee Jones, not too long ago an affiliate dean at Boston School Regulation Faculty, will develop into director of the SEC’s division of company finance on June 21, the SEC stated in a press release. Earlier than her profession in academia, Jones was an legal professional with Hill & Barlow legislation agency.

The SEC’s division of company finance has been reviewing public firm disclosures round local weather dangers, a difficulty that has gained rising consideration from regulators. SEC Chair Gary Gensler, who took the helm on the company in April, has stated rulemaking round local weather danger shall be a key focus.

The unit’s present appearing head, John Coates, will develop into SEC common counsel, additionally efficient June 21, the assertion stated. Coates, beforehand a professor at Harvard College, has been main the division of company finance since February.

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