Published on Nov 26th, 2014 | Posted in Articles

The Securities and Exchange Commission today announced that it has named Kevin M. Kelcourse as the associate director for the Office of Compliance Inspections and Examinations (OCIE) in Boston.  In that role, he will oversee the SEC’s exam program in six New England states with a staff of approximately 65 examiners, accountants and attorneys.

Mr. Kelcourse has spent 15 years in the SEC’s Boston office, starting as a senior counsel in the Enforcement Division in 1999 and later serving as a branch chief.  Since 2010, he has been an assistant regional director and an assistant director in the Enforcement Division’s Asset Management Unit, and he has worked with the exam program since 2011, serving on the office’s joint Enforcement Examination Referral Committee. 

During his tenure, Mr. Kelcourse played a significant role in numerous SEC enforcement actions, including cases in 2013 against former Jefferies LLC bond trader Jesse Litvak for defrauding investors in mortgage-backed securities and against Institutional Shareholder Services Inc., for failing to safeguard confidential information about its clients’ voting in proxy contests.  Earlier in his career, he handled the SEC’s case against the Massachusetts Turnpike Authority and chairman James Kerasiotes for failing to disclose substantial cost overruns related to the “Big Dig” highway construction project. 

“Kevin has an outstanding reputation for bringing out the best in others and getting results,” said OCIE Director Andrew Bowden.  “We are thrilled to have him join the National Examination Program.”

Paul Levenson, Director of the Boston Regional Office, added, “Kevin brings a wealth of experience and seasoned judgment to the position, and he will complement Boston’s talented exam staff.  He also brings great energy and an intense focus on protecting investors.”

Mr. Kelcourse said, “I greatly admire the talent and dedication of the OCIE staff and look forward to working with them to protect investors.”

Mr. Kelcourse is a graduate of Georgetown University and Georgetown University Law Center.  He spent five years in private practice before moving to public service, becoming a trial attorney in the Tax Division (Criminal) at the U.S. Department of Justice, where he received the Tax Division’s Outstanding Attorney Award in 1998.