SEC Announces Personnel Changes in the Division of Trading and Markets, and the Philadelphia Regional Office (with Lofchie Comment)

The SEC announced that Division of Trading and Markets Acting Director John Ramsay will leave the SEC, and Stephen Luparello will be the new director.Additionally, the SEC named Sharon B. Binger as director of the Philadelphia Regional Office.

Lofchie Comment: Both the outgoing and the incoming director have had long and distinguished careers in the securities industry. Mr. Luparello's joining the SEC at this time will add an important layer of expertise to this challenging and varied role.

See: John Ramsay to Leave SEC; Stephen Luparello Named Director of Trading and Markets; Sharon Binger Named Director of Philadelphia Regional Office.