Prior to joining Promontory, he served as associate general counsel to the Public Company Accounting Oversight Board, where he provided advice and counsel on a wide range of policy matters regarding its oversight of public-company auditing. Jake was one of the architects of the PCAOB’s standard governing audits of internal control over financial reporting, and was instrumental in developing its process for conducting economic analysis in rulemaking and standard-setting. He also drafted opinions in enforcement matters, and represented the PCAOB before the Securities and Exchange Commission in appeals of disciplinary decisions.
Jake previously spent seven years at the SEC, most recently as senior special counsel in the office of the general counsel. While at the SEC, he served on the teams that developed regulation FD (addressing selective disclosure), rules 10b5-1 and 10b-5-2 (insider trading), and the SEC’s auditor-independence rules. He also provided legal and policy guidance in enforcement actions involving financial fraud, market manipulation, the Foreign Corrupt Practices Act, and other violations of the federal securities laws. Before joining the office of general counsel, Jake was an enforcement attorney in the SEC’s New York office, where he conducted investigations involving accounting fraud, insider trading, and fraudulent sales practices.