Richard Holley Iii
About Richard Holley Iii
Richard Holley III serves as the Assistant Director in the Division of Trading and Markets at the U.S. Securities and Exchange Commission, where he has worked since 2004. He holds a BA in Political Science from Bates College and a JD from the University of North Carolina School of Law, and he has experience in drafting securities rules and evaluating legislative matters.
Work at U.S. Securities and Exchange Commission
Richard Holley III has served as an Assistant Director at the U.S. Securities and Exchange Commission (SEC) since 2004. In this role, he leads special projects that address emerging issues in securities markets, focusing on market structure and new securities products. He evaluates requests for interpretive, no-action, and exemptive relief from both domestic and international market participants. His responsibilities also include analyzing legislative matters relevant to the Division of Trading and Markets.
Education and Expertise
Richard Holley III earned his Bachelor of Arts in Political Science from Bates College, graduating magna cum laude in 1997. He furthered his education at the University of North Carolina School of Law, where he received his Juris Doctor degree with honors in 2001. His academic background provides a strong foundation for his work in securities regulation and market analysis.
Previous Experience in Project Management
Before joining the SEC, Richard Holley III worked as a Senior Project Executive at TNS AISA in Prague, Czech Republic, from 1997 to 1998. His experience in project management laid the groundwork for his analytical skills and understanding of market dynamics. He also served as an Attorney at the Washington Lawyers' Committee for Civil Rights and Urban Affairs for six months in 2002, gaining experience in legal advocacy.
Regulatory Responsibilities and Authority
In his capacity as Assistant Director at the SEC, Richard Holley III drafts new and amended federal securities rules under the Securities Exchange Act of 1934. He holds delegated authority to act on certain matters related to self-regulatory organizations and national stock exchanges, which underscores his significant role in shaping regulatory frameworks within the securities industry.