Division of Corporation Finance Director Bill Hinman Announces Intention to Conclude His Tenure Later This Year

The Securities and Exchange Commission today announced that William H. Hinman, Director of the SEC’s Division of Corporation Finance, plans to leave the SEC later this year. Since joining the SEC in May 2017, Mr. Hinman led the Division’s work on a wide range of issues critical to the interests of Main Street investors, small businesses and our markets. In particular, under Mr. Hinman’s leadership, the Division advanced nearly 50 mission-oriented initiatives, including efforts to modernize, streamline and improve public company disclosures, the proxy process and the securities offering framework. Mr. Hinman also guided the Division and the agency in addressing emerging issues and providing timely guidance to market participants. For example, Mr.