Operational Updates

SEC publishes statement titled "Correcting the Record: Progress Trumps Nostalgia"

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Key takeaways

  • Publication date: Fri, 23 Jan 2026 (metadata timestamp: 12:00:21 -0500).
  • Statement title: "Correcting the Record: Progress Trumps Nostalgia."
  • Authors listed: Jamie Selway, Director, Division of Trading and Markets; Keith Cassidy, Acting Director, Division of Examinations.
  • Category/tags: Agency // Securities and Exchange Commission; Speech/Statement.
  • Official link provided to the SEC newsroom: https://www.sec.gov/newsroom/speeches-statements/selway-cassidy-statement-correcting-record-012326.
  • Internal identifier/GUID: ebd89173-eb92-45b2-bebb-8a6326143d0b.

Follow Up Questions

Who are Jamie Selway and Keith Cassidy and what are their roles at the SEC?Expand

Jamie Selway is the Director of the SEC’s Division of Trading and Markets (appointed June 2025). Keith Cassidy is the Acting Director of the SEC’s Division of Examinations. Both are senior SEC division directors credited as authors of the January 23, 2026 joint statement.

What is the Division of Trading and Markets and what does it oversee?Expand

The Division of Trading and Markets (T&M) develops and implements SEC policy on U.S. market structure and trading practices, oversees national securities exchanges, alternative trading systems, broker-dealers and clearing agencies, and advises on rules to ensure fair, orderly, and efficient markets.

What is the Division of Examinations and what are its responsibilities?Expand

The Division of Examinations (Exams) conducts inspections and examinations of SEC-registered broker-dealers, investment advisers, transfer agents, and clearing agencies to assess compliance with securities laws and SEC rules, identify risks, and inform enforcement and rulemaking.

What specifically does the phrase "Correcting the Record" refer to in this statement — is it responding to a prior report or public claim?Expand

The phrase appears in the title of a joint SEC statement by Selway and Cassidy; publicly available metadata does not state whether it was issued in direct response to a specific prior report or claim. The SEC posting itself would be the authoritative source to confirm if it references or replies to a prior item; that text is on the SEC newsroom link for the statement.

Where can I read the full text of the statement and are there related speeches or documents on the SEC site?Expand

The full text is published on the SEC newsroom at: https://www.sec.gov/newsroom/speeches-statements/selway-cassidy-statement-correcting-record-012326. Related speeches and statements are available from the SEC Speeches and Statements index (SEC newsroom), which lists other remarks by Division directors and staff.

Does this statement indicate any new policy changes, enforcement priorities, or guidance that market participants should act on?Expand

Based on the available metadata alone, the January 23, 2026 posting is a statement (speech/statement category); the metadata does not indicate new rules, formal policy changes, or enforcement actions. To determine whether it announces new policy or priorities, read the full statement text on the SEC link; the headline/metadata by itself does not confirm new regulatory action.

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