Reuters: SEC To Hire Dalia Blass To Lead Investment Management Division

Jun 7 2017 | 11:38pm ET

The U.S. Securities and Exchange Commission is reportedly going to hire Ropes & Gray LLP attorney Dalia Blass to lead the regulator’s Division of Investment Management, which regulates mutual funds, private equity companies, ETFs, hedge funds and registered investment advisors. 

Blass previously worked as assistant chief counsel at the SEC in the same division she may now lead, according to Reuters citing unidentified individuals familiar with the matter. 

In a relatively unique twist, Blass’s husband David is stepping down this month as chief counsel for the Investment Company Institute, the leading advocacy organization for the mutual fund industry regulated by the SEC unit. He is leaving the role to join white-shoe law firm Simpson Thatcher as a partner, Reuters noted, and is also an alumnus of the Investment Management Division. 

Additional information on the timing of Blass’s potential appointment was not immediately available. 


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