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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of