Keith Cassidy served as Acting Director since May 2024 and was previously Deputy Director

False

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Cassidy held the role of Acting Director beginning in May 2024 and previously held the Deputy Director position in the Division of Examinations.

Source summary

The Securities and Exchange Commission announced on January 20, 2026, that Keith E. Cassidy has been appointed Director of the SEC’s Division of Examinations. The SEC says Cassidy has served as Acting Director since May 2024 and previously was the division’s Deputy Director, according to the agency’s press description.

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Latest fact check

Contemporary SEC and news sources show Keith E. Cassidy was named the Division of Examinations’ interim Acting Director on July 22, 2024 after Richard Best took leave; earlier reporting and SEC materials do not support a start date of May 2024. Therefore the claim that he “served as Acting Director since May 2024” is incorrect, though it is correct that he previously was the division’s Deputy Director. Verdict: False — start date is July 22, 2024, not May 2024.

Sources

Timeline

Update · Jan 20, 2026, 10:57 PMFalse
Contemporary SEC and news sources show Keith E. Cassidy was named the Division of Examinations’ interim Acting Director on July 22, 2024 after Richard Best took leave; earlier reporting and SEC materials do not support a start date of May 2024. Therefore the claim that he “served as Acting Director since May 2024” is incorrect, though it is correct that he previously was the division’s Deputy Director. Verdict: False — start date is July 22, 2024, not May 2024.
Original article · Jan 20, 2026
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