James Daly, Division of Corporation Finance Associate Director, will retire at the end of September after more than 38 years of service with the Securities and Exchange Commission.
As an associate director overseeing the Division’s disclosure review program, Daly was responsible for leading the division’s staff in conducting high-quality filing reviews. During his tenure, he supervised efforts to improve disclosure on topics impacting financial institutions during the financial crisis, disclosure guidance on a wide range of emerging risks such as cyber-security, and technical assistance to foreign governmental agencies as they modernized their regulatory frameworks.
One of Daly’s most notable accomplishments was guiding the division’s efforts to lead companies to improve Management’s Discussion and Analysis disclosures, which ultimately led to presenting the Commission with recommendations to issue MD&A interpretive guidance.
Prior to his role as associate director, Daly served in a number of positions of increasing responsibility in the Division of Corporation Finance.