REGULATION/LEGISLATION

SEC head of compliance inspections and examinations to depart in February

Marc Wyatt, director of the SEC’s office of compliance inspections and examinations, is leaving in February and returning to the private sector, the Securities and Exchange Commission announced Monday.

Peter Driscoll, OCIE's chief risk and strategy officer, will serve as acting director.

SEC Acting Chairman Michael Piwowar said in a statement that Mr. Wyatt’s “efforts on enhancing our risk-based exam program and the organizational changes he has put in place will leave a lasting mark on the commission."