The Securities and Exchange Commission has named Sean Memon as Deputy Chief of Staff.
Memon brings to the SEC experience providing advice to public and private companies in both legal and financial roles. Immediately prior to joining the SEC, Memon practiced law at Sullivan & Cromwell in Washington, D.C., where he advised clients in regulatory and transactional matters, including with respect to capital raisings, mergers and acquisitions, and joint ventures. Memon also advised companies on matters involving financial technology and the development of new products and services.
Previously, Memon was a member of the finance and acquisitions department at Time Warner, where he worked on long-term business planning efforts and performed quantitative valuation and financial impact analysis for potential new business initiatives and transactions. Prior to Time Warner, Memon was an analyst in the investment banking groups of Raymond James & Associates and Morgan Stanley, where he worked with technology companies on capital raising activities and mergers and acquisitions.
New general counsel
Additionally, the SEC has named Robert Stebbins as general counsel of the agency. The general counsel is the chief legal officer of the agency, providing a variety of legal services to the Commission and staff.
Stebbins has practiced law at Willkie Farr & Gallagher since 1993, first as an associate and beginning in 2001 as a partner. At Willkie, Stebbins focused on mergers and acquisitions, private equity and venture capital, investment funds, and capital markets transactions. He also advised clients on SEC compliance issues and corporate governance matters.
New chief counsel
Jaime Klima has been named Chief Counsel to Chairman Jay Clayton. As Chief Counsel, Klima will be senior legal and policy adviser and will coordinate the rule-making agenda of the Commission. She will also serve as the Chairman's representative on the Deputies Committee of the Financial Stability Oversight Council.
Most recently, Klima served as SEC co-chief of staff under then-Acting Chairman Michael Piwowar, advising on all issues of agency management and policy. Before that, she was counsel to Commissioner Piwowar and Commissioner Troy Paredes. In those roles, Klima covered a wide range of issues including rulemaking and enforcement matters.
Prior to working at the SEC, Klima practiced law at Wilmer Cutler Pickering Hale and Dorr, specializing in broker-dealer compliance and regulation. She also clerked for the Honorable Richard Lowell Nygaard of the U.S. Court of Appeals for the Third Circuit.