Joan McKown, who has spent the past 17 years as chief counsel of the Securities and Exchange Commission’s Enforcement Division, has signed on to join Jones Day’s Washington office. Her last day at the SEC is on July 30 she will join Jones Day as a partner in October.
McKown (Vanderbilt, Drake University Law School) joined the SEC as a staff attorney in 1987 and became the Enforcement Division’s chief counsel in 1993. In the latter role, McKown was responsible for reviewing all enforcement recommendations sent to the commission. McKown helped draft the Enforcement Division Manual and was involved in the recent organizational changes in the Division.
She also developed the Enforcement Division's legislative priorities, rule proposals, and other policy matters. She represented the division in dealing with other federal regulators, including the Commodities and Futures Trade Commission, federal banking regulators, and state securities regulators.
At Jones Day, McKown will work in the securities litigation and SEC enforcement practice.
In a statement, Mary Ellen Powers, managing partner of Jones Day’s Washington office said, "Joan brings a unique depth and breadth of experience from 24 years at the SEC. Our clients will benefit immensely from her deep knowledge of the Commission and the federal securities laws. We're delighted she's chosen Jones Day for her career in private practice."
McKown was not immediately available for comment.