AUGUSTA – Department of Professional and Financial Regulation Commissioner Anne Head has appointed Jesse Devine as administrator of the Maine Office of Securities.

The office is responsible for protecting Maine investors through fair and balanced regulation of the securities industry and effective enforcement of any violations of Maine’s securities laws and rules.

“Jesse brings extensive experience in investor protection including expertise in oversight of virtual assets. I am confident that he will bring all his knowledge and expertise to bear in leading an agency dedicated to helping Mainers make wise and safe investment decisions while protecting them from unscrupulous individuals seeking to separate them from their assets,” said Head in a news release from the department.

Devine has a bachelor’s degree from Wesleyan University and a Juris Doctor from New York University School of Law.

No stranger to Maine, Devine is looking forward to carrying on the work of the agency.

“After decades of visiting Maine each summer, I am excited for the opportunity to help serve the people of this state on a more permanent basis,” Devine said. “I am eager to join the dedicated team at the Maine Office of Securities and get to work.”

Devine will begin this month and complete the remainder of the four-year term of former Administrator Judith Shaw. Shaw retired in July 2022 but returned to serve as acting administrator while a search for her replacement was underway.