According to BlockBeats, Heather Slavkin Corzo, the policy director of the U.S. Securities and Exchange Commission (SEC), is set to leave the agency. Corey Klemmer, who recently served as the corporate finance advisor to SEC Chairman Gary Gensler, has been appointed as the new policy director.
Gensler expressed his appreciation for Corzo's contributions during her tenure. 'Over the past three years, Heather has been one of my most trusted advisors,' Gensler said. 'She has provided reliable advice and managed a policy agenda that has strengthened the protection of the investing public. Her achievements range from money market fund reforms to shortening settlement cycles, to enhancing corporate disclosures on significant cybersecurity incidents, all of which have enhanced the capital formation pathways for issuers. I wish her well.'
The transition comes as the SEC continues to navigate the evolving landscape of financial regulations and securities. The appointment of Klemmer, with his experience in corporate finance, signals the SEC's ongoing commitment to maintaining robust policies and protections for investors.