Thursday, 21 August 2014
Last updated 10 hours ago
Jun 13 2012 | 10:41am ET
The CIO of the nation’s largest public pension will chair the Securities and Exchange Commission’s newly formed investor advisory committee.
Joe Dear, chief investment officer at the $226 billion California Public Employees’ Retirement System, says he’s “deeply honored to have been selected" for what he termed a "critical leadership role.”
“This committee will give a strong voice to investors on financial and regulatory matters,” said Dear in a statement. “Investor input is important to making sure that we don’t forget the painful lessons we learned from the recent financial crisis.”
The 21-member committee replaces the advisory committee disbanded after the Dodd-Frank Act became law. It will advise the Commission on regulatory priorities, the regulation of securities products, trading strategies, fee structures, the effectiveness of disclosure and on initiatives to protect investor interests and to promote investor confidence and the integrity of the securities marketplace.
Committee members were nominated by all five sitting Commissioners and represent a wide variety of interests, including senior citizens and other individual investors, mutual funds, pension funds and state securities regulators.
In addition to Dear, they include Darcy Bradbury, a managing director at D.E. Shaw & Co; Roy Katzovicz, partner and chief legal officer at Pershing Square Capital Management; and Ann Yerger, the executive director of the Council of Institutional Investors
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note