SEC Division of Risk and Analysis ("DERA") Director and Chief Economist Jeffrey H. Harris will step down from his position and return to academia on a full-time basis.

Dr. Harris served as DERA Director and Chief Economist since September 2017. He led research and data related projects including the proposed transaction fee pilot program for National Market System (NMS) stocks. Dr. Harris was finance professor at the Kogod School of Business at American University, and held faculty positions at various other academic institutions. Previously, Dr. Harris served as Chief Economist of the CFTC.

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