Nicholas Chung

Nicholas Chung serves as a key procurement professional within the Securities and Exchange Commission, supporting the agency’s mission to enforce federal securities laws through technology-driven oversight. He manages complex acquisitions for data analytics platforms, cybersecurity systems, and financial market surveillance tools, ensuring the SEC maintains robust, real-time monitoring capabilities. His work directly enables regulatory intelligence operations by securing mission-critical IT infrastructure and analytical services that detect market manipulation and protect investor interests. Chung typically handles high-priority, mission-essential contracts requiring strict compliance with federal procurement regulations and technical specifications aligned with financial regulatory standards. Chung maintains strategic relationships with leading federal contractors including General Dynamics Information Technology, Booz Allen Hamilton, Maximus Federal Consulting, Team GreenZone JV, and Procentrix, LLC. These partnerships reflect a preference for established firms with proven expertise in financial data systems, cybersecurity, and regulatory compliance support. His contracting approach emphasizes performance-based outcomes, leveraging long-term service agreements and task order contracts to ensure continuity in mission-critical operations. He works closely with vendors to align technical deliverables with the SEC’s evolving surveillance and data integration requirements. Chung’s procurement portfolio shows a strong emphasis on open competition, with 75% of awards issued without set-asides, reflecting the technical complexity and scale of requirements. However, he consistently allocates 25% of opportunities to Total Small Business Set-Asides under FAR 19.5, demonstrating a deliberate commitment to expanding small business participation in high-value IT and analytical services. While he does not prioritize socioeconomically targeted set-asides like 8(a) or HUBZone, his pattern supports broad small business engagement across technical service providers. His primary procurement focus lies in NAICS 511210 (Software Publishers), reflecting heavy investment in financial data analytics, market monitoring software, and algorithmic trading surveillance systems. He also procures computer systems design services (541512) and security-related support (561612), underscoring expertise in integrating secure, scalable platforms that handle sensitive market data. His domain knowledge centers on regulatory technology, data governance, and financial cybersecurity, ensuring acquisitions meet the SEC’s stringent operational and compliance standards.