Former SEC Member Named AIMA Chairman

Sep 21 2012 | 11:05am ET

A former Securities and Exchange Commissioner and opponent of stricter hedge fund regulations has joined the Alternative Investment Management Association as its new non-executive chairman.

The London-based lobby group said that Kathleen Casey had succeeded Todd Groome, whose four-year term is expiring. Casey, a Republican, was appointed to the SEC by former President George W. Bush in 2006 and stepped down from the commission last year. She was the only one of the four SEC commissioners to vote against proposing a rule requiring hedge funds to register last year, a rule required by the Dodd-Frank financial regulation law.

Prior to joining the SEC, Casey, a lawyer, spent 13 years on Capitol Hill, working for the Senate Committee on Banking, Housing and Urban Affairs and Sen. Richard Shelby (R-Ala.)

"As we move internationally from a period of legislative drafting to regulatory implementation, her enormous experience will be invaluable," AIMA CEO Andrew Baker said of Casey.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...