The Securities and Exchange Commission today announced that Peter J. Curley, Associate Director for Clearance and Settlement in the Division of Trading and Markets, is leaving the agency later this month. 

Mr. Curley has headed the Office of Clearance and Settlement since October 2011 and managed it during a time of significant expansion in its responsibilities.  The office oversees the division’s clearance and settlement program.  Its traditional focus on securities clearing agencies and transfer agents expanded with the Dodd-Frank Wall Street Reform and Consumer Protection Act to include oversight of security-based swap data repositories and firms that clear securities-based swaps.

Stephen Luparello, Director of the Division of Trading and Markets, said, “Peter has managed the office through a tremendous change in the way the clearance and settlement program is regulated.   His knowledge, analysis, and intellect have been invaluable and I am grateful to him for his contributions to the division and the agency.”

“It’s been an honor and pleasure to work at the SEC.  I have appreciated the opportunity to work with so many intelligent and dedicated individuals on the numerous regulatory issues the agency considered for the first time during my tenure.  It has been an incredibly rewarding experience,” Mr. Curley said. 

Mr. Curley started at the SEC in August 2010 as Attorney Fellow in the Division of Trading and Markets.  Before that, he was Head of Corporate Strategy and Head of IPO Regulation at Hong Kong Exchanges and Clearing Limited.  He also was a partner with the law firm of Allen & Overy.  Mr. Curley received a BA from Colgate University, a law degree from the University of Virginia School of Law, and an MBA from the Massachusetts Institute of Technology.