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Colorado Division of Securities

Colorado Division of Securities

Colorado securities commissioner resigns after questions arise from swift appointment

Chris Myklebust offered to step down after questions about his appointment by an outgoing regulator disrupted Securities board meetings

Colorado Securities Board will seek its own counsel to investigate quick hiring of new securities commissioner

The Colorado Attorney General’s office says DORA didn’t have to post the job opening since Chris Myklebust previously served in different, but similar roles -- a common hiring process among state agencies

Colorado’s top securities regulator was hired in 19 days. Board members push for investigation of the quick pick.

Chris Myklebust was a "patronage" choice for a civil service job, some members say. Securities lawyers are concerned, but the attorney general's office says his selection was legal.