SEC-PR-2412-191

JCAP101.com - SEC-PR-2412-191SEC-PR-2412-191 (Dec. 9, 2024) (SEC-PR-2412)


SEC Announces Departure of Trading and Markets Division Director Haoxiang Zhu – Deputy Director David Saltiel to serve as Acting Director


Excerpt: Washington D.C., Dec. 9, 2024 — The Securities and Exchange Commission today announced that Haoxiang Zhu, Director of the Division of Trading and Markets, will depart the agency effective Dec. 10, 2024. Upon Mr. Zhu’s departure, David Saltiel, a Deputy Director who also heads the Division’s Office of Analytics and Research, will serve as Acting Director.

“I want to thank Haoxiang for his leadership of the Division of Trading and Markets for the last several years,” said SEC Chair Gary Gensler. “In that time, we’ve worked to bring central clearing to the Treasury market, comprehensively update the national market system rules for the first time in nearly two decades, and shorten the settlement cycle. Investors and issuers will benefit because of these reforms achieved during Haoxiang’s time of service. I wish him very well in his next steps. I also want to thank David for stepping into this leadership role and for his invaluable counsel.”

Source: (https://www.sec.gov/newsroom/press-releases/2024-191)

Categories: (Agency Staff Changes)


SEC-PR-2412-191 (Dec. 9, 2024)