Harvard University law professor John Coates was named general counsel at the U.S. Securities and Exchange Commission on Monday, following a four-month stint as acting director for the division of corporation finance.

Taking Coates’ previous SEC position in that division will be Boston College Law School’s Renee Jones, the first Black woman to lead one of the SEC’s four major divisions. The move comes on the heels of new SEC Chairman Gary Gensler’s April Senate confirmation.

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