I taped a video yesterday with Corp Fin Director Erik Gerding where we talked a bit about Corp Fin’s efforts to hire 60 new Staffers in the near term. Over the years, I’ve been asked a few times whether it’s challenging to think from an “investor protection” perspective if you go to work for the SEC. It’s an interesting question and I imagine the answer wouldn’t surprise you – it’s not that hard to change your mindset at all. In fact, it takes almost no effort to do so.

And that’s not just my perspective. I’ve talked with a number of former SEC Staffers who went to work for the federal government straight from a law firm (or in-house) and that’s pretty much the unanimous view – putting on that government hat is easy to do.

What you might find surprising is that it happens without any training, without any pep talks. I can’t remember a single time that I was told to come at an issue from that angle when I worked on the Staff. It was just presumed.

So I think that most that go to work for the SEC find it’s a fairly smooth transition to becoming investor-focused (and of course, “capital markets” focused too). The key when you’re there is to focus on what is – and isn’t – important. Having a background where you’ve worked on the “outside” before joining the Staff helps to hone your skills at distinguishing what is a material issue. And what’s not worth fighting for…

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Photo of Broc Romanek Broc Romanek

As a strategist for the firm’s Corporate & Securities practice, Broc Romanek has a deep understanding of the regulatory and environmental, social, and governance (ESG) marketplace. Prior to joining Perkins Coie, Broc served as editor at TheCorporateCounsel.net, CompensationStandards.com, and DealLawyers.com, where he oversaw…

As a strategist for the firm’s Corporate & Securities practice, Broc Romanek has a deep understanding of the regulatory and environmental, social, and governance (ESG) marketplace. Prior to joining Perkins Coie, Broc served as editor at TheCorporateCounsel.net, CompensationStandards.com, and DealLawyers.com, where he oversaw and managed coverage on issues related to ESG, corporate governance, executive pay, deals, and market trends and analysis.

In addition to his nearly two decades of working as a journalist and publisher, Broc served as assistant general counsel at a Fortune 50 company, worked in the Office of Chief Counsel of the U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance, was a counselor to former SEC Commissioner Laura Unger, and worked in private practice. He also is the author, or co-author, of four legal treatises, and has authored several books focused on the legal industry.