SEC’s Fort Worth Office Promotes Jessica Magee to Associate Director

The US Securities and Exchange Commission (SEC) has named Jessica B. Magee as the newest regional associate director of its Fort Worth office, according to a regulatory filing.

Ms. Magee succeeds David Peavler, who left the SEC last month after more than 15 years of public service.

The London Summit 2017 is coming, get involved!

Jessica has held several roles with the regulatory authorities, including most recently a position as Regional Trial Counsel at the top US watchdog. In this capacity, she was involved with the agency’s investigative and oversight activities in connection with a wide variety of banking, securities, housing and insurance matters.

Ms. Magee also worked as Assistant Regional Director in 2015. She originally joined the SEC as a Staff Attorney in the enforcement division in 2010, focusing on legislative oversight to strengthen US capital markets and promote capital formation.

In her new role, she will be focusing on a broader mandate where she Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term more than 60 attorneys and other professionals responsible for investigating violations of the federal securities laws.

During Magee’s tenure, the Fort Worth office launched enforcement actions that targeted fraud in oil and gas ventures. For example, the SEC highlighted in its statement the case of Royal Dutch Shell, which paid $120 million to settle fraud charges arising from its 4.5 billion barrel proved reserves misstatement. It also went after Millennium Bank and its founder, who operated a $100 million international Ponzi Scheme Ponzi Scheme A Ponzi scheme is a scam that looks to lure investors, ultimately paying profits to earlier investors with funds from more later investors.This form of fraud tricks victims into believing that products are instead generated from product sales or other means. In actuality, most investors are completely oblivious to the actual origin of incoming funds.One of the central attributes of a Ponzi scheme is the necessity of its ongoing nature, which is dependent on a steady flow of new contributions and A Ponzi scheme is a scam that looks to lure investors, ultimately paying profits to earlier investors with funds from more later investors.This form of fraud tricks victims into believing that products are instead generated from product sales or other means. In actuality, most investors are completely oblivious to the actual origin of incoming funds.One of the central attributes of a Ponzi scheme is the necessity of its ongoing nature, which is dependent on a steady flow of new contributions and Read this Term.

According to Stephanie Shamoil Shipchandler, Director of the Fort Worth Regional Office, in a statement on the appointment: “During her tenure, Jessica has successfully resolved some of the most complex and challenging cases in our office. And with this base of substantive knowledge, Jessica adds a unique vision and leadership style. We are thrilled to have her lead our talented enforcement staff.”

Ms. Magee added: “I am grateful for the opportunity to serve, and I am excited to lead Fort Worth’s enforcement team. In our diverse and complex region, we will continue to protect investors while adapting to meet the continuing challenges of technology and sophistication.”