Stay up-to-date with the latest developments in securities law through access to both news and all statutes and regulations. Find relevant corporate filings through a searchable EDGAR database. And...
California lawyer William Hinman will join the Securities and Exchange Commission as director of the Division of Corporation Finance, the agency announced May 9.
Hinman recently retired from Simpson Thacher & Bartlett LLP in Silicon Valley after serving as a partner at the law firm since 2000. He advised clients on capital-raising transactions and corporate acquisitions.
“He has spent the last 37 years working in our public and private markets, and he understands the SEC’s mission to promote capital formation while ensuring that investors have the information necessary to make informed decisions,” SEC Chairman Jay Clayton said in a statement.
At Simpson Thacher, Hinman helped with Alibaba Group Holding Ltd.'s record $25 billion initial public offering in 2014, along with IPOs for Facebook Inc. and Google, according to his law firm biography. Clayton also worked on Alibaba’s IPO.
Hinman was the managing partner of Shearman & Sterling LLP’s San Francisco and Menlo Park offices before moving to Simpson Thacher.
He will replace Shelley Parratt, who became the division’s interim leader after director Keith Higgins stepped down earlier this year.
The SEC hasn’t said when Hinman will join the commission.
The move marks the first high-level SEC appointment since Clayton became the agency’s chairman May 4. Although there are a number of SEC divisions and offices lacking a permanent leader, it isn’t clear whether more top appointments are in the offing.
An SEC representative didn’t immediately respond to a request for comment.
To contact the reporter on this story: Andrew Ramonas in Washington at firstname.lastname@example.org
To contact the editor responsible for this story: Phyllis Diamond at email@example.com
Copyright © 2017 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)