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SEC taps Boston lawyer to run unit overseeing company disclosures

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U.S. Securities and Exchange Commission Chair Mary Jo White has chosen a Boston-based lawyer to direct the agency's Corporation Finance division, in the latest major personnel change since she took the helm of the regulator last month. Keith Higgins, a partner at Ropes & Gray LLP, will begin his new job with the agency next month, the SEC said on Wednesday. As corporation finance director, he will be in charge of overseeing the agency's job of monitoring filings by public companies to ensure they are accurate and properly disclose material information to investors. He will also take the lead on some of the critical rule-writing required by the Jumpstart Our Business Startups (JOBS) Act, a 2012 law that relaxes certain regulations to help spur small businesses raise capital and eventually go public. Higgins has worked for 30 years advising public companies and underwriters on initial public offerings. He is a past chair of the Federal Regulation of Securities

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