Simona Mola

Senior Manager


  • Washington


Simona Mola conducts financial and economic analyses in complex commercial litigation and regulatory proceedings. Dr. Mola manages teams to support expert witness testimony in all stages of litigation, including deposition and trial. Across a range of corporate finance and corporate governance matters, she addresses issues that include capital formation, disclosure requirements, financial reporting, and executive compensation. In addition, Dr. Mola has expertise with economic issues involving cryptocurrency, initial coin offerings (ICOs), blockchain use cases, and token economies. She has published on Bitcoin, crypto, and other Fintech-related issues.

Dr. Mola has two decades of experience in consulting, government, and academia. She served as assistant director and senior policy advisor in the Division of Economic and Risk Analysis (DERA) at the U.S. Securities and Exchange Commission (SEC). At DERA, she led and developed numerous economic analyses for high-profile rulemakings and policy projects related to corporate finance, disclosure requirements, capital formation, corporate governance and executive compensation, auditing, broker-dealers, and credit rating agencies.

Before joining the SEC, Dr. Mola was an assistant professor of finance at Arizona State University. Her research has been published in the Accounting Review, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and the Journal of Behavioral Finance. Dr. Mola regularly presents at domestic and international conferences, and has been honored with two best paper awards.

Professional Affiliations

SEC Cryptocurrency Enforcement: 2021 Update


SEC Cryptocurrency Enforcement: Q3 2021 Update

Podcasts and Videos

Cornerstone Research Connects: SEC Cryptocurrency Enforcement—Q3 2013–Q4 2020


Accounting and Auditing Enforcement Activity


SEC Cryptocurrency Enforcement—Q3 2013–Q4 2020


Accounting and Auditing Enforcement Activity—2020 Review and Analysis


Former SEC Officials Predict SEC Priorities


The CFTC’s Approach to Virtual Currencies

  • “SEC Division Reports,” FMA’s 30th Legal and Legislative Conference, 22 October 2021
  • “Trends and Updates on Initial Coin Offering (ICO) Regulation: Hot Buttons Explored,” The Knowledge Group, 10 September 2021
  • “Cryptocurrency: DOJ’s Enforcement Framework and the Current Regulatory Landscape,” Strafford webinar, 16 December 2020
  • “Trends and Developments on Executive Compensation: A Comprehensive Guide to Avoid Potential Threats,” webinar, 9 November 2020
  • “SEC’s Heightened Enforcement of Cryptocurrency,” The Knowledge Group, 3 June 2020