Search
 

Commissioner Cynthia Glassman to Leave SEC

WASHINGTON - After more than four years as one of four commissioners at the Securities and Exchange Commission, Cynthia Glassman announced May 15 she plans to leave at the end of her term on June 5. Glassman did not set a specific date for her departure but according to SEC,...

By Staff Writer | Updated on May 23, 2006

WASHINGTON – After more than four years as one of four commissioners at the Securities and Exchange Commission, Cynthia Glassman announced May 15 she plans to leave at the end of her term on June 5. Glassman did not set a specific date for her departure but according to SEC, commissioners typically remain on for up to 18 months beyond a term’s completion if they are not replaced. Glassman has a tie to the credit union world. She has served on the board of the Federal Reserve Board Credit Union. Since joining SEC in January 2002, Glassman has championed investor education, enhanced disclosure and increased use of economic analysis in SEC rulemaking, the agency said. She served as acting chairman during the summer of 2005. An economist, she also played a key role in supporting efficient capital markets as well as effective implementation of the Sarbanes Oxley Act of 2002 and other investor protection efforts. Among her specific accomplishments, Glassman spearheaded an initiative that led to the establishment of an $85 million investor education fund from the 2003 global settlement of research analyst conflict of interest charges involving the nation’s largest investment banks. Prior to being appointed an SEC commissioner, Glassman spent more than 30 years in the public and private sectors focusing on financial services regulatory and public policy issues including 12 years at the Federal Reserve and 15 years in consulting positions in the private sector.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2025 ALM Global, LLC. All Rights Reserved.