SEC’s COO Jeffery Heslop Resigns, Succeeded by CFO Kenneth Johnson

The US’ Securities and Exchange Commission will be undergoing a key change in its leadership structure, with the upcoming departure of its Chief Operating Officer (COO) Jeffery Heslop in February, according to a regulatory filing.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Mr. Heslop will be succeeded by Kenneth Johnson, the SEC’s acting Chief Financial Officer. Mr. Heslop originally joined the US regulator back in 2010, having since held the title of the agencies only existing COO.

During his tenure, Mr. Mr. Heslop has served as instrumental role in helping streamline the regulator’s approach to a variety of channels including human capital management, business process, internal controls, and technology infrastructure.

His past seven years has seen him also oversee a multitude of the SEC’s operations, including its Office of Human Resources, Office of Acquisitions; Office of Information Technology, Office of Strategic Initiatives, Office of Financial Management, and Office of Support Operations.

Prior to joining the SEC in 2010, Mr. Heslop had worked at Capital One in several senior roles, including Managing Vice President of Information Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term for over a decade.

According to the SEC’s Chairman Michael Piwowar, in a recent statement on the departure: “As the SEC’s first COO, Jeff helped the agency streamline operations and Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term resources to more effectively serve the investors and markets. He has overseen significant improvements in technology and has helped ensure that our financial reporting controls and FOIA operations are top-notch.”

“It has been a true honor to serve with the extraordinarily dedicated and self-sacrificing professionals who comprise the agency’s staff,” added Mr. Heslop in an accompanying statement.