Mark Rakip
About Mark Rakip
Mark Rakip serves as the Accounting Branch Chief in the Division of Corporation Finance at the U.S. Securities and Exchange Commission, where he has worked since 2023. He has extensive experience in accounting and finance, including previous roles at KPMG and Freddie Mac, and has been involved in regulatory compliance for the real estate sector.
Work at U.S. Securities and Exchange Commission
Mark Rakip serves as the Accounting Branch Chief in the Division of Corporation Finance at the U.S. Securities and Exchange Commission (SEC) since 2023. He has previously held this position for four months in 2021 and has been part of the SEC since 2007. His responsibilities include leading a team that reviews filings under the 1933 and 1934 Acts for compliance with accounting and regulatory standards, particularly in the real estate sector. Rakip has also worked in various capacities within the SEC, including a management role in the Office of Manufacturing and in the Office of Real Estate and Commodities.
Education and Expertise
Mark Rakip earned a Bachelor of Science degree in Accounting from Penn State University, completing his studies from 1996 to 2000. He is a licensed Certified Public Accountant in both Pennsylvania and Virginia. His expertise encompasses accounting practices, regulatory compliance, and financial reporting, developed through his extensive experience in both public accounting and regulatory roles.
Professional Background
Prior to his current role at the SEC, Mark Rakip worked as a Senior Accountant in Audit at KPMG, LLP from 2001 to 2004. He then transitioned to Freddie Mac, where he served as a Financial Analyst Manager in External Reporting from 2004 to 2007. Rakip also gained early experience as an intern at The Brickman Group in 1999. His career reflects a strong foundation in accounting and finance, with significant roles in both the private sector and regulatory environments.
Membership and Professional Affiliations
Mark Rakip is a member of the American Institute of Certified Public Accountants (AICPA). His membership in this professional organization underscores his commitment to maintaining high standards in the accounting profession and staying updated on industry developments and regulatory changes.