Dalia Blass, director of the SEC’s division of investment management, will leave the agency in January.
She has led the division since September 2017, overseeing more than 70 regulatory initiatives affecting investment companies and investment advisers, the Securities and Exchange Commission said in a release.
Among many accomplishments during Blass’ tenure, the SEC said, the division recommended that the commission authorize new, actively managed ETF models that do not publish their portfolio holdings daily, updated the framework for regulating fund-of-funds arrangements, and modernized the registration, offering and communications processes for business development corporations and closed-end funds.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
