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SEC Exodus: CorpFin Director Keith Higgins to Leave SEC

December 6, 2016

Keith Higgins, Director of the SEC’s Division of Corporation Finance will be leaving in early January. Upon his departure, Shelley Parratt, CorpFin Deputy Director, will become the acting Director. Ms. Parratt has served previously as acting Director.

 

Since joining the SEC in June 2013, Keith Higgins has led the Division’s implementation of significant rulemaking and other responsibilities under the Dodd-Frank Reform Act, the JOBS Act, and the FAST Act. He also oversaw the Division’s program to review the securities filings of thousands of issuers each year to facilitate capital formation and ensure that investors receive full and fair disclosure about the public companies in which they invest, and guided the Division’s efforts to provide interpretive advice to market participants about their obligations under the federal securities laws.

 

Prior to joining the SEC, Mr. Higgins practiced law for more than 30 years at Ropes & Gray in Boston, where he advised public companies and other market participants on securities offerings, M&A, compliance and corporate governance.

 

Shelley Parratt has served as Deputy Director of the Division since 2003, and has been responsible for assisting in strategic planning and developing Division policies and procedures and overseeing the disclosure review program. She came to the SEC’s Division of Corporation Finance in 1986. Ms. Parratt received her MBA from Syracuse and her BA from St. Lawrence University.