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tenure, the SEC said, the division recommended that the commission authorize new, actively managed ETF models that do not publish their portfolio holdings daily, updated the framework for regulating fund-of-funds arrangements, and modernized the registration, offering and communications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.
With trillions of dollars in transit, HNW expert sees a bigger picture.
Summit Financial unveiled a suite of eight new tools, including AI lead gen and digital marketing software, while MassMutual forges a new partnership with Orion.
A new analysis shows the number of actions plummeting over a six-month period, potentially due to changing priorities and staffing reductions at the agency.
The strategic merger of equals with the $27 billion RIA firm in Los Angeles marks what could be the largest unification of the summer 2025 M&A season.
Report highlights lack of options for those faced with emergency expenses.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
