The SEC announced today that Lori A. Richards, Director of the SEC’s Office of Compliance Inspections and Examinations (OCIE), plans to leave the agency on August 7. Richards has been the Director of OCIE since it was created by Chairman Arthur Levitt in May 1995.
Ms. Richards said, “I’m honored to have been part of the SEC team, and to have had the opportunity to work for American investors. I’m enormously proud of the dedication and professionalism of the men and women in the SEC’s examination program across the country, and of the important work we did together. After 14 years leading the SEC’s exam corps and more than two decades at the SEC, I’ve decided to take on new challenges.”
OCIE Associate Director-Chief Counsel John Walsh will serve as Acting Director of OCIE when Ms. Richards steps down on August 7.
