Division of Corporation Finance Creates Office of Small Business Policy
The SEC’s Division of Corporation Finance created the Office of Small Business Policy in 2000 to assist small businesses with regulatory compliance, appointing Richard K. Wulff as Chief and John D. Reynolds as Assistant Director, with no fraud or misconduct involved.
On December 14, 2000, the SEC’s Division of Corporation Finance announced the establishment of the Office of Small Business Policy to support small businesses in navigating SEC regulations and disclosure requirements. Richard K. Wulff, a long-time SEC attorney since 1972 and former Chief of the office, was named its first Chief, while John D. Reynolds, who joined the SEC in 1984 and specialized in small business programs, was appointed as Assistant Director to succeed him. No fraud, charges, or financial penalties are associated with this administrative reorganization; it was a structural update praised by Division Director David B. H. Martin for enhancing small business outreach.
On December 14, 2000, the SEC’s Division of Corporation Finance publicly announced the creation of the Office of Small Business Policy to improve support for small businesses in understanding and complying with SEC rules, forms, and regulations. Richard K. Wulff, who had been with the SEC since 1972 and previously served as Chief of the Office of Small Business Policy from 1985 to 1996, was named its new Chief. John D. Reynolds, an SEC attorney since 1984 with extensive experience in small business compliance—including time in the Atlanta and Washington offices—was appointed as Assistant Director to succeed Wulff in leading the office’s functions. Both officials had decades of combined experience focused on small business regulatory issues, and their appointments were endorsed by Division Director David B. H. Martin as vital to maintaining a strong small business program. The announcement was purely administrative, aimed at enhancing outreach and rulemaking efficiency, with no allegations of fraud, misconduct, or financial impropriety. The office’s mission included interpreting regulations, educating small businesses, and advising on rulemaking affecting them. This reorganization reflected the SEC’s ongoing commitment to facilitating access for small issuers, not addressing any enforcement or investigative matter.
Extracted insights
- person david b. h. martin
- person john d. reynolds
- person richard k. wulff
- person special counsel
- Division Of Corporation Finance creates Office Of Small Business Policy
- Richard K. Wulff named Chief Of Office Of Small Business Policy
- Richard K. Wulff joined Commission
- Richard K. Wulff promoted Special Counsel
- Richard K. Wulff promoted Chief Of Office Of Small Business Policy
- Richard K. Wulff reassigned Assistant Director Of Office Of Small Business
- Richard K. Wulff received J.D. From St. John's University
- Richard K. Wulff received B.A. From Fordham University
- John D. Reynolds named Successor To Richard K. Wulff
- John D. Reynolds oversee Review Of Disclosure Documents
- John D. Reynolds joined Commission
- John D. Reynolds promoted Special Counsel
- John D. Reynolds associated Firm Of Muldoon, Murphy And Faucette
- John D. Reynolds returned Commission
- John D. Reynolds worked Atlanta District Office
- John D. Reynolds transferred Washington Office
- John D. Reynolds graduated Florida State College Of Law
- John D. Reynolds received B.A. In Accounting From University Of West Florida
- David B. H. Martin said Pleased With Selections Of Richard And John
Division of Corporation Finance Creates Office of Small Business Policy FOR IMMEDIATE RELEASE 2000-185 Washington, DC, December 14, 2000 -- The Division of Corporation Finance announced the creation of the Office of Small Business Policy. This office's responsibilities include reaching out to the small business community to instruct them about the programs we have developed to aid small businesses in dealing with the Commission's processes; interpreting the small business rules, forms and regulations; and rulemaking in areas that affect small business. Richard K. Wulff has been named Chief of this office. Mr. Wulff joined the Commission in 1972 as an attorney. He was promoted to the position of Special Counsel in 1979. He served in that position until 1985 when he was promoted to Chief of the Office of Small Business Policy. As part of a reorganization of the Division of Corporation Finance in 1996, Mr. Wulff was reassigned to the position of Assistant Director of the Office of Small Business. Mr. Wulff received his J.D. from St. John's University and his B.A. from Fordham University. John D. Reynolds was named as the successor to Mr. Wulff. As Assistant Director to the Office of Small Business, Mr. Reynolds will oversee review of disclosure documents filed by small businesses. Mr. Reynolds joined the Commission in 1984 as an attorney and in 1986 he was promoted to the position of Special Counsel. From 1990 to 1992, Mr. Reynolds was associated with the firm of Muldoon, Murphy and Faucette. In 1993 he returned to the Commission focusing on the agency's small business program. Mr. Reynolds worked in the Atlanta District Office from 1993 to 1996. In 1996 he transferred to the Washington office where he has worked exclusively in the Office of Small Business. Mr. Reynolds graduated from Florida State College of Law in 1982. He received his B.A. in accounting from the University of West Florida in 1979. Division of Corporation Finance Director David B. H. Martin said, "I am pleased with the selections of Richard and John. Their experience in this area will help assure that the Division's small business program will continue to be a strong element in our operations. I look forward to their insightful counsel and leadership." http://www.sec.gov/news/press/2000-185.htm Home | Previous Page Modified: 11/23/2005
Division of Corporation Finance Creates Office of Small Business Policy FOR IMMEDIATE RELEASE 2000-185 Washington, DC, December 14, 2000 -- The Division of Corporation Finance announced the creation of the Office of Small Business Policy. This office's responsibilities include reaching out to the small business community to instruct them about the programs we have developed to aid small businesses in dealing with the Commission's processes; interpreting the small business rules, forms and regulations; and rulemaking in areas that affect small business. Richard K. Wulff has been named Chief of this office. Mr. Wulff joined the Commission in 1972 as an attorney. He was promoted to the position of Special Counsel in 1979. He served in that position until 1985 when he was promoted to Chief of the Office of Small Business Policy. As part of a reorganization of the Division of Corporation Finance in 1996, Mr. Wulff was reassigned to the position of Assistant Director of the Office of Small Business. Mr. Wulff received his J.D. from St. John's University and his B.A. from Fordham University. John D. Reynolds was named as the successor to Mr. Wulff. As Assistant Director to the Office of Small Business, Mr. Reynolds will oversee review of disclosure documents filed by small businesses. Mr. Reynolds joined the Commission in 1984 as an attorney and in 1986 he was promoted to the position of Special Counsel. From 1990 to 1992, Mr. Reynolds was associated with the firm of Muldoon, Murphy and Faucette. In 1993 he returned to the Commission focusing on the agency's small business program. Mr. Reynolds worked in the Atlanta District Office from 1993 to 1996. In 1996 he transferred to the Washington office where he has worked exclusively in the Office of Small Business. Mr. Reynolds graduated from Florida State College of Law in 1982. He received his B.A. in accounting from the University of West Florida in 1979. Division of Corporation Finance Director David B. H. Martin said, "I am pleased with the selections of Richard and John. Their experience in this area will help assure that the Division's small business program will continue to be a strong element in our operations. I look forward to their insightful counsel and leadership." http://www.sec.gov/news/press/2000-185.htm Home | Previous Page Modified: 11/23/2005