The U.S. Securities and Exchange Commission announced that Cristina Martin Firvida will conclude her tenure as Director of the Office of the Investor Advocate at the end of January 2026. The Office of the Investor Advocate, established by Congress, is tasked with identifying, analyzing, and addressing investor concerns and ensuring those needs are reflected in SEC and broader federal government and securities industry decision-making. During Martin Firvida’s tenure, the office undertook research on registered index-linked annuities and investor understanding of complex products, advised the Commission on opportunities to improve disclosures for retirement investors, and conducted data collection efforts to generate real-time insights on retail investing behavior to inform SEC rulemaking through survey and testing evidence. Her departure is scheduled for the end of January 2026.
U.S. Securities & Exchange Commission 2025-11-25
U.S. Securities and Exchange Commission announces Cristina Martin Firvida will step down as Director of the Office of the Investor Advocate in January 2026
Cristina Martin Firvida will conclude her tenure as Director of the Office of the Investor Advocate at the U.S. Securities and Exchange Commission at the end of January 2026. Under her leadership, the office focused on research into registered index-linked annuities, improving disclosures for retirement investors, and collecting data on retail investing behavior to inform SEC rulemaking.