SEC: FinHub becomes standalone office

  • The SEC announced that the SEC’s Strategic Hub for Innovation and Financial Technology, commonly referred to as FinHub
  • Valerie A. Szczepanik will continue to lead FinHub as its first director and will report directly to the SEC Chairman
  • FinHub has spearheaded agency efforts to encourage responsible innovation in the financial sector
  • Through FinHub, market and technology innovators, as well as domestic and international regulators, have been able to engage with SEC staff
  • Designating FinHub as a stand-alone office strengthens the SEC’s ability to continue fostering innovation in emerging technologies
  • Prior to joining the Division of Corporation Finance, Ms. Szczepanik served as Assistant Director in the Division of Enforcement’s Cyber Unit
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

RBC Strengthens Mortgage Offerings with Pinch Acquisition

Royal Bank of Canada acquires tech firm to enhance digital mortgage services.Highlights: RBC acquires mortgage technology provider Pinch.The...

X Money Launches in April, Strengthening Elon Musk’s Digital Finance Reach

Elon Musk's X Money is set to launch next month, expanding digital finance options.Highlights: X Money, founded by...

Mastercard Strengthens European Payments Sovereignty Debate

Mastercard addresses key issues in Europe's payments landscape.Highlights: Mastercard contributes to discussions on European payments sovereignty.Emphasized the importance...

Data Leak Accelerates After Telco Refuses Ransom Payment

Hackers leak sensitive customer data amidst failed ransom negotiations.Highlights: Hackers released customer data after telco declined ransom payment.Sensitive...