On December 6, the Securities and Exchange Commission announced that Keith F. Higgins, director of the Division of Corporation Finance (Division), plans to depart the SEC in early January 2017. Among Mr. Higgins’ many accomplishments, as noted in the SEC’s press release, Mr. Higgins led the SEC’s implementation of significant rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act, Jumpstart Our Business Startups Act (JOBS Act) and Fixing America’s Surface Transportation Act (FAST Act), and directed the Division’s disclosure effectiveness initiative, undertaking a comprehensive review of the SEC’s disclosure requirements. Upon his departure, Shelley Parratt, deputy director of the Division, will become the acting director.

The SEC’s press release is available here.