Overview
- SEC Chairman Paul Atkins appointed James Moloney on Wednesday to lead the Division of Corporation Finance, with his tenure beginning next month.
- Cicely LaMothe, who has been serving as acting director, will return to her role as deputy director.
- Moloney is a partner at Gibson, Dunn & Crutcher and previously worked at the SEC from 1994 to 2000 on mergers, acquisitions, and financial reporting.
- The division reviews IPO filings and corporate disclosures and has recently issued guidance parsing memecoins, stablecoins, and securities, placing it in a jurisdictional debate with the CFTC.
- Moloney said he aims for smart, practical rules that ease disclosure burdens, and the unit is expected to help shape how public companies report crypto exposure.