Tuesday, 28 June 2016
Last updated 1 hour ago
Jul 2 2013 | 2:24am ET
The Securities and Exchange Commission has named two new top cops to patrol the hedge fund and private equity beats.
Julie Riewe and Marshall Sprung will lead the asset-management unit of the SEC’s enforcement division, the agency said yesterday. Both have worked at the unit since its launch in 2010 and have served as deputy chiefs since May of last year.
Riewe and Sprung succeed Bruce Karpati and Robert Kaplan, who left the agency earlier this year and last summer, respectively.
In addition to hedge funds and private equity firms, Enforcement’s asset-management unit also oversees mutual funds and separate account managers.