Division of Trading and Markets’ Curley Set to Leave SEC

And another one gone – another one bites the dust.

Yep – the Securities and Exchange Commission announced that Peter Curley, associate director for clearance and settlement in the Division of Trading and Markets, is leaving the agency later this month.

Curley has headed the office of clearance and settlement since October 2011 and managed it during a time of significant expansion in its responsibilities. The office oversees the division’s clearance and settlement program. Its traditional focus on securities clearing agencies and transfer agents expanded with the Dodd-Frank Wall Street Reform and Consumer Protection Act to include oversight of security-based swap data repositories and firms that clear securities-based swaps.

“Peter has managed the office through a tremendous change in the way the clearance and settlement program is regulated,” said Stephen Luparello, director of the division of trading and markets, in a release. “His knowledge, analysis, and intellect have been invaluable and I am grateful to him for his contributions to the division and the agency.”

Curley started at the SEC in August 2010 as an attorney fellow in the division of trading and markets. Before that, he was head of corporate strategy and head of IPO regulation at Hong Kong Exchanges and Clearing Limited. He also was a partner with the law firm of Allen & Overy.

No replacement has been named.