David Saltiel, The US Securities and Exchange Commission’s (SEC) acting director of the trading and markets division is set to leave the regulator.
Salitel is set to depart 4 July 2025 having served as acting director since December 2024. He also previously served a separate stint as acting head of the department in 2021.
“I want to thank David for his wise counsel since I became chairman, and he has been a critical member of the division’s leadership team for nearly a decade,” said SEC chair Paul Atkins.
“Throughout his career at the SEC, David’s steady leadership has clearly demonstrated his commitment to the core mission of the agency, the highest ethical standards, a dedication to rigorous data-driven policymaking, and a strategic mindset. David’s contributions have made our markets stronger. The SEC will lose an outstanding resource; nevertheless, I wish him the very best in his next pursuits.”
The SEC’s existing employee, Jamie Selway is set to take over from Saltiel as head of the division from July.
Saltiel’s tenure at the watchdog includes a stint as deputy director of the trading and markets division, and before that as associate director of the division’s office of analytics and research since 2016.
Prior to the SEC he served as chief economist for the Municipal Securities Rulemaking Board.
Speaking about his departure, Saltiel said: “I want to thank Chairman Atkins, all the commissioners, and my colleagues in the division as well as across the SEC. The staff in the division are smart and dedicated people of integrity. It’s been an honour to work with them and learn from them. I will miss the interesting and critical work of the commission.”