Washington, D.C., July 31, 2006 – LAWFUEL – Law News Network – The Securities and Exchange Commission announced today the appointment of James L. Carley as the Associate District Administrator for Examinations in the Commission’s Atlanta District Office. Mr. Carley will direct a team of accounting, finance, and legal professionals in the examination of broker-dealers, investment companies, investment advisers, and transfer agents across seven southeastern states (Alabama, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee). He replaces Frank McGing, who retired in January.
Mr. Carley joins the Commission after seven years in various roles with the U.S. Commodity Futures Trading Commission, including leading the supervision of derivatives clearinghouses, futures brokers, and commodity pool operators and trading advisors. Before entering public service, Mr. Carley served in financial management roles with the GTE Corporation and USAirways and practiced law in the area of aviation finance with the Washington, D.C., firm of Zuckert, Scoutt & Rasenberger.
Lori A. Richards, Director of the SEC’s Office of Compliance Inspections and Examinations, said, “I am very pleased that Jim has agreed to take on this important role. His judgment, leadership ability, and experience with complex markets and intermediaries will be invaluable to the Commission’s oversight of firms in the region and to the investing public.”
Mr. Carley said, “It is a distinct honor to have the opportunity to serve the public by seeking to ensure the integrity of the securities firms and investment professionals with whom they do business. The Southeast has a dynamic economy and rapidly growing financial services sector, and I am excited to be joining the talented professionals in the Atlanta District Office in fulfilling these important investor protection responsibilities.”
Mr. Carley holds a B.S. in Economics and a J.D. from George Mason University and an M.B.A. from the University of Texas at Austin.