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March 31, 2009 at 08:00 PM
Erik Sirri, director of the Securities and Exchange Commission’s Division of Trading and Markets, has announced he will leave the Commission at the end of April and return to academia, from which he came to the SEC.
Sirri started at the Commission in September 2006, and since then has overseen the SEC’s programs related to securities exchanges, brokers, dealers, clearing agencies, transfer agents, and credit rating agencies. The SEC also noted in a release announcing his planned departure that he has worked closely with the financial agencies of the President’s Working Group on Financial Markets both on policy issues and in coordinating responses to the recent market crisis.
SEC Chairman Mary Schapiro said in the release that “During recent financial troubles, Erik was a calm voice who provided thoughtful advice to the Commission. The nation’s investors and capital markets have benefited from his wisdom and good judgment. While I respect Erik’s decision to reenter private life and rejoin his family in Massachusetts, I am grateful for his gift of public service.”
