The Securities and Exchange Commission (SEC) has announced a duo of appointments due to become effective on June 21, 2021.
Renee Jones has been appointed as director of the division of corporation finance, while John Coates will become SEC general counsel.
Currently the group’s acting director of the division of corporation finance, Coates has previously acted in a number of roles at Harvard University, as well as partner at Wachtell, Lipton, Rosen and Katz.
He said: “I am honored to continue to help advance the SEC’s mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
“During my tenure as acting director of corporation finance, I experienced firsthand the unwavering commitment of the SEC staff, and I look forward to serving in a new role as the commission’s general counsel.”
Most recently a professor of law and associate dean for academic affairs at Boston College Law School, Jones will take over in her new role from Coates.
She said: “The division plays an essential role in ensuring investors have the information they need to make informed investment decisions.
“I will work tirelessly to execute our rules and make sound recommendations that will help the SEC realize its mission.”