A meeting of the State Securities Board was held on May 15, 2025, in the Kinney Conference Room, Thomas Jefferson Rusk State Office Building, at 10:00 a.m. Those present were: E. Wally Kinney, Chair; Robert Belt, Member; Melissa Tyroch, Member; Ejike E. Opka II, Member; David B. Montgomery, Member; Travis J. Iles, Securities Commissioner; Cristi Ramón Ochoa, Deputy Commissioner; Emily Diaz, Director, Registration Division; Tommy Green, Director, Inspections and Compliance Division; Cheryn Netz Howard, General Counsel; Derek Lauterjung, Director, Staff Services Division; Joseph J. Rotunda, Director, Enforcement Division; Barbara Engle, Assistant Director, Inspections and Compliance Division; Brian Shepherd, Assistant General Counsel; Sonia Fergerson, Executive Assistant; Matthew Bacon, Staff Attorney, General Counsel Division; and Shaun Yarroll, Senior Investigator, Legal and Investigations Division. Also attending was Kim Lopez-Gonzales.
Chair Kinney called the meeting to order at 10:00 a.m.
Minutes of the February 20, 2025, meeting were approved.
After discussion and recommendation of the Audit Committee, the Board voted to approve the internal audit plan for fiscal year 2025 prepared by Garza/Gonzalez & Associates.
The Commissioner gave a report on the Agency’s budget and performance measures.
The Commissioner gave a general update on Agency operations, including information regarding the Agency’s return-to-office policy.
The Commissioner gave an update on the Agency’s legislative appropriations request and gave a report on pending legislation.
The meeting was then adjourned at 11:14 a.m.