Cross leaves SEC Municipal Securities Office

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The Securities and Exchange Commission (SEC) today announced that John J. Cross III, director of the Office of Municipal Securities, will leave the agency in November to rejoin the agencies Tax Policy Office.

Cross has been the first director of the office of Municipal Securities which was established under the 2010 Dodd-Frank Act to oversee the municipal securities market. He contributed among others to building the Municipal Securities Office into a standalone team to the final rulemaking project for municipal advisor registration under the Dodd-Frank Act.

“As the Office of Municipal Securities’ first director, John provided valuable leadership and expertise in the oversight of the municipal securities market that is so vital to financing our public infrastructure,” commented chair Mary Jo White.

Prior to joining the SEC, Cross worked as partner at the national municipal bond specialty law firm Hawkins, Delafield & Wood LLP and for the Financial Institutions and Products division of the IRS Chief Counsel’s office.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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