Old SEC Hand Puts New Spin on Agency’s Work in Texas

The SEC’s office in Texas isn’t investigating why “noses run and feet smell” or whether gluten-free spaghetti is an “impasta” anymore.

David Peavler, who left a wealth management firm to become the Securities and Exchange Commission’s top official in the state in July, isn’t one to crack a joke, especially on Twitter. He succeeded Shamoil Shipchandler, a director known for using humorous tweets to help build interest in the Fort Worth Regional Office’s work before he joined Jones Day earlier this year. The office leads SEC oversight of Walmart Inc., Exxon Mobil Corp., and other business giants based in Texas ...