The new chief of staff of the SEC, Mr. Nallengara, came to the Commission in 2011 and served as deputy director for legal and regulatory policy in the Division of Corporation Finance, and was its acting director from December 2012.

Mr. Nallengara has led a series of complex rulemakings by the Division of Corporation Finance stemming from the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Jumpstart Our Business Startups (JOBS) Act. The SEC also announced today that Keith Higgins has been named the new director of the SEC’s Division of Corporation Finance.