SEC Appoints John Moses as Director of the Office of Investor Education and Assistance
- company SEC
- location U.S.
- location Washington D.C.
- person John Moses
- person Paul S. Atkins
- product Harvard Business School
- product Stanford University
- product U.S. Navy
The Securities and Exchange Commission appointed John Moses as Director of the Office of Investor Education and Assistance, the agency announced [1]. Moses, who joined the SEC staff in 2016, had been serving as acting director of the office [1]. SEC Chairman Paul S. Atkins stated, "John is an effective communicator who demonstrates a sincere passion for investor outreach and brings as much enthusiasm as he does wisdom to this position" [1]. Moses previously held roles including Managing Executive in the Office of the Chairman and became Deputy Director in the Office of Investor Education and Assistance in 2020 [1]. The office provides resources to help investors build their financial futures and guard against investment fraud [1]. Moses said his colleagues have "consistently proven their dedication to serving the tens of thousands of investors who contact our agency each year" [1]. He added, "We are constantly evolving to find additional avenues to reach even more investors and give them useful tools and information to make informed investment decisions" [1]. Before his SEC tenure, Moses worked in real estate and operations leadership in the private sector [1]. He is a U.S. Navy veteran who served as a surface warfare officer and security team leader during Operation Iraqi Freedom [1]. Moses earned undergraduate and graduate degrees from Stanford University and an MBA from Harvard Business School [1]. The SEC was created by the Securities Exchange Act of 1934 in the aftermath of the Wall Street crash of 1929, with a primary purpose to enforce laws against market manipulation [5]. The agency's founding was part of the New Deal reforms under President Franklin D. Roosevelt, which established the SEC to protect investors from abusive stock market practices [4]. Among the tools the SEC uses to police markets is Rule 10b-5, which prohibits any act or omission resulting in fraud or deceit in connection with the purchase or sale of any security [7].
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Background sources we checked (6)
- en.wikipedia.org ↗ Franklin Delano Roosevelt (January 30, 1882 – April 12, 1945), also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving US president and the only one to have served more than two terms. His first two term…
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- en.wikipedia.org ↗ The New Deal was a 1933–1938 series of economic, social, and political reforms in response to the Great Depression in the United States under President Franklin D. Roosevelt. He introduced the phrase when accepting the Democratic Party presidential nomination in the 1932 United S…
- en.wikipedia.org ↗ The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market manipulation. Created by Section 4 of the …
- en.wikipedia.org ↗ SEC, sec, or Sec may refer to:…
- en.wikipedia.org ↗ SEC Rule 10b-5, codified at 17 CFR 240.10b-5, is one of the most important rules targeting securities fraud in the United States. It was promulgated by the U.S. Securities and Exchange Commission (SEC), pursuant to its authority granted under § 10(b) of the Securities Exchange Ac…