Statement By SEC Commissioner Paredes upon Departure from the Commission

Commissioner Troy A. Paredes announced his departure from the SEC after five years of service, expressing gratitude and congratulating his successors, with no fraud, charges, or financial misconduct involved.

Commissioner Troy A. Paredes stated that August 3rd would be his last day serving on the Securities and Exchange Commission after five years. He expressed appreciation for the opportunity to work on important regulatory issues and praised the Commission’s members and staff. No allegations of fraud, financial penalties, or legal violations were mentioned—his departure was purely administrative and ceremonial.

Commissioner Troy A. Paredes announced on Friday that August 3rd would be his final day as a member of the Securities and Exchange Commission, concluding a five-year tenure. He described his time at the SEC as a tremendous honor, highlighting the rewarding experience of engaging with critical regulatory matters and working alongside dedicated colleagues and staff. Paredes extended his congratulations to newly confirmed commissioners Mike Piwowar and Kara Stein, wishing them success in their roles. A former attorney and professor, he framed his departure as a natural transition to pursue future opportunities. There were no references to investigations, misconduct, financial penalties, or enforcement actions in his statement. The remarks were entirely ceremonial, reflecting personal gratitude and professional courtesy. This was a routine exit, not an enforcement or fraud-related event.