College students who want to intern for the United States Securities and Exchange Commission (SEC) are in luck – the regulator has opened applications for its Undergraduate Program for Fall 2023.
The SEC is after “student trainees” for business and law programs, with business programs paying between $15.09 and $28.83 per hour for traineeships at its Washington DC headquarters.
Job opportunity announcements for the Fall 2023 SEC Scholars Program are now live!
Announcements will close on Monday, April 3. The program targets currently enrolled students to participate in a 10-week paid internship.
For more information ⬇️⬇️https://t.co/q1a7saus9J
– US Securities and Exchange Commission (@SECGov) March 16, 2023
The lowest range of posted rates for business programs is lower than Washington DC’s current minimum wage of $16.10.
Typically, most companies in the US are not required to pay interns if the employment relationship meets the “primary beneficiary test” set forth in the Fair Labor Standards Act.
The SEC’s legal program also pays more, with rates for regional and Washington DC offices advertised between $23.47 and $35.27 per hour.
The program targets currently enrolled undergraduate and graduate students to participate in a 10-week internship starting on August 28 and ending on November 3.
Both programs are open in other U.S. states to regional offices of regulators in locations such as California, Colorado, Florida and Georgia, according to the job posting.
As part of the application, those interested must select the lowest salary grade they will receive for the position.
related: Crypto developers must work with the SEC to find common ground
The post said the SEC is looking for people studying blockchain, distributed ledger technology, computer science or cyber security among many other fields of study.
In May last year, the SEC expanded its Cyber Unit by nearly 50%. The unit includes “Crypto Assets” and “Cyber” subdivisions that ignore the named sectors and help decide where to take enforcement action.
Those interested in the traineeship have until April 3 to submit their applications.