SEC loses general counsel and international affairs director

Departure announcements continue at the SEC, just days before Donald Trump’s inauguration.

General counsel Megan Barbero and director of international affairs YJ Fischer are the latest to hand in their notice, both leaving the commission on 20 January.

They follow chief accountant Paul Munter and chief economist Jessica Wachter, who announced their departures earlier this week. In November 2024 SEC chair Gary Gensler confirmed that he would be leaving the commission once the new government was in place, while trading and markets division director Haoxiang Zhu left in December.

READ MORE: Wachter and Munter walk away from SEC

Fischer has been in her role since August 2021, improving international cooperation around enforcement initiatives and the examination of overseas market participants.

Prior to joining the commission, Fisher held roles in the US State Department. In the private sector, she worked on international policy and research and development funding.

Barbero joined the SEC as principal deputy general counsel in July 2021, before being promoted in February 2023. Acting as chief legal officer, she advised the commission in all legal and policy matters.

Earlier in her career, Barbero was deputy general counsel for the US House of Representatives and an attorney at the US Department of Justice civil appellate.

Gensler commented: “I thank Megan for her many years of public service. Her measured advice and judgment have been critical to the decision making of the commission.”

©Markets Media Europe 2024

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