Catherine McGuire, the long-time staffer of the trading and markets division at the Securities and Exchange Commission, steps down after more than 4 decades with the US regulator.
Her departure caps a lengthy tenure marked by regulatory and enforcement milestones. Since she assumed her first post with the SEC in 1973, Catherine has presided over a record number of enforcement actions, the agency said.
In recognition of Catherine’s contributions to the regulator, the SEC presented her with more than a dozen awards, including the Distinguished Service Award, the agency’s highest award, in 1992.
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Among Catherine’s most notable accomplishments were her involvement in implementing the Securities Reform Act of 1975, the Securities Exchange Act Amendments of 1983, the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010, and many other legislations.
Ms. McGuire, a graduate of Michigan University and Kansas School of Law, first joined the SEC in the Division of Market Regulation. She was then promoted to serve as Counsel to Commissioner Bevis Longstreth from 1982 to 1983. In 1993, she was named Chief Counsel and Associate Director of the division and most recently advised the division as Counsel since 2008.
Commenting on her departure, Heather Seidel, Acting Director of Trading and Markets Division, said: “Catherine McGuire has been an outstanding advocate for investors and a guardian of safe and efficient markets throughout her career at the Commission. She has been dedicated to the Commission’s mission to protect investors, maintain fair and orderly markets, and facilitate capital formation, and her continuing legacy is a talented and committed division staff, many of whom she mentored, supported, and advised.”
Ms. McGuire added: “I am grateful to have spent my legal career at the Commission. I am extremely proud of the work by the Division of Trading and Markets and the dedication of its staff. Their commitment to the agency’s mission is inspiring and represents the best of government service. It has been a privilege to work with them on behalf of investors.”