Administrative Law Judge James Kelly is retiring from the Securities & Exchange Commission after 11 years of hearing cases brought by the agency's Division of Enforcement.
His decisions have covered the waterfront of securities enforcement - fraud, improper professional conduct, price manipulation, disclosure of consulting agreements by the underwriters of municipal securities business, the sale of unregistered securities, the right to financial privacy, and charges of failure to supervise.
In one of his most recent decisions, Kelly ruled on Aug. 3 that the SEC can’t use a new rule to retroactively deny Freedom of Information Act requests.
Prior to joining the SEC, Kelly served as an administrative law judge at the Social Security Administration from 1997 to 1999. From 1982 to 1997, he was assistant general counsel at the Commodity Futures Trading Commission.
Comments