One of the saddest quotes from the Vietnam War came from journalist Peter Arnett, who wrote in a dispatch in 1968 about an American attack on a Vietcong-held village: “It became necessary to destroy the town to save it.” As often happens with such quotes, they take on a second and even third life.
The Division of Corporation Finance of the U.S. Securities and Exchange Commission recently published a sample letter to companies providing illustrative comments .
BROKER-DEALER -
Gary Gensler Names Initial Senior Staff Members -
On April 19, the Securities and Exchange Commission announced the appointments of SEC Chair Gary Gensler’s senior staff, who will be responsible for advising Gensler on matters before the SEC. Prashant Yerramalli, appointed as SEC’s Chief of Staff, will continue to serve the role, which he has held since January under Acting Chair Allison Herren Lee. Heather Slavkin Corzo, appointed as Policy Director, will lead a team of policy experts who will advise Gensler on SEC rulemakings. Kevin Burris, appointed as Counselor to the Chair and Director of the Office of Legislative and Intergovernmental Affairs, will serve as the SEC’s primary liaison to Members of Congress, other federal agencies and state governments. He is responsible for developing legislative strategy, coordinating Congressional testimony and responding to Congressional requests. Scott Schneider, appointed as Counselor to the Chair and Director of the