Today's wtf moment of the day is brought to you by the SEC and god. In a stunning development, we uncover that the SEC actually has had a Chief Information Officer for the past two years (yes, we loled). In an even more stunning development, the SEC has disclosed that this CIO is leaving the organization, and has decided to join the metaphorical Goldman Sachs by doing god's work on earth... but not at 200 West, and is instead joining the church as a deacon. "The Securities and Exchange Commission today announced that Charles Boucher has decided to leave the agency after serving as its Chief Information Officer (CIO) since 2008. His plans include not-for-profit work and completion of studies in preparation for ordination as a Deacon in his church next spring." This is merely confirmation that Mr. Boucher must have been rather compromised when Chief Information Officering: he should know, as most other far dumber SEC henchman have figured out, that Goldmanliness is Godliness. Had he gone to Goldman, he would have already been promoted to Pope, in exchange for a few indulgences on behalf of the Abacus and Timberwolf sins, and have DMA access to High Frequency Communications directly to the One.
From the SEC:
As CIO, Mr. Boucher has managed all of the SEC's information technology programs and systems including application development, infrastructure operations, enterprise architecture, security, and user support. Mr. Boucher and his staff in the Office of Information Technology (OIT) work with the agency's divisions and offices to incorporate technology into all SEC programs to serve investors, maintain orderly markets, and promote capital formation. OIT operates the EDGAR system, which provides investors with access to millions of public company financial statements and other corporate filings. Among other information technology initiatives during Mr. Boucher's tenure, the agency began to revamp its systems for reviewing tips, complaints, and referrals.
"Effective securities regulation depends in large part on making sense of the immense volume of data generated in our securities markets. Charlie has played an important role in building a platform to implement our new system for reviewing complaints, tips and investigative leads provided by whistleblowers or other sources," said SEC Chairman Mary L. Schapiro.
"I regard my time with the SEC as having been among the most important and rewarding of my career. It has been an honor to contribute during these challenging times, and to serve with people of the highest caliber," Mr. Boucher said. "Our country, and the world, benefit from the leadership this agency is providing to reform and better regulate our financial markets, so that they continue to expand economic opportunities for all people, and so that investors are protected."
Before coming to the SEC, Mr. Boucher was an Executive Director at Morgan Stanley, and prior to that served as Senior Vice President and Chief Information Officer of Standard & Poor's. Among other earlier positions, Mr. Boucher was a Principal for Morgan Stanley, Vice President for Salomon Brothers, and Consultant Manager for Chase Manhattan. He received his BA in management from Rutgers University and an MBA in finance from Columbia University. He served in the U.S. Army Signal Corps in the early 1970s.