Legg Mason's Bowden named to head SEC exam program

Legg Mason's Bowden named to head SEC exam program
Legg Mason's Andrew J. Bowden will join the SEC as an associate director to lead the National Investment Adviser/Investment Company Examination Program.
OCT 21, 2011
The U.S. Securities and Exchange Commission said Andrew J. Bowden will join the agency as an associate director to lead the National Investment Adviser/Investment Company Examination Program. Bowden, who will take the post in the Office of Compliance Inspections and Examinations on Nov. 1, joins the SEC from Legg Mason Inc., where he held senior executive positions in its legal/compliance and business units, the agency said in a statement today. He will oversee a staff of about 450 lawyers, accountants, and examiners responsible for inspecting U.S.- registered investment advisers and firms, the SEC said. --Bloomberg News--

Latest News

Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans
Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans

Wells Fargo adds two bank-channel recruits, UBS lands a JPMorgan Chase veteran, and a multi-family office lifts Atlas past $1B

Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state
Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state

“The state comes down on you in years when you make 40% returns for clients,” said Bill Swayne, the advisor and son of Candace Swayne.

Osaic in talks with Anthropic as AI reshapes advisor workforce
Osaic in talks with Anthropic as AI reshapes advisor workforce

The Independent broker-dealer giant has had “active conversations” with the Claude maker, which is days away from its expected IPO

The retirement milestone advisors aren't tracking
The retirement milestone advisors aren't tracking

For Gen X clients entering life after work, answering the financial question isn't enough to solve the entire retirement equation.

Wealthtech firms target stock pay, pensions and heirs for advisors
Wealthtech firms target stock pay, pensions and heirs for advisors

Tools from Grantd, Income Lab and Healthspan Wealth aim to keep RIAs involved in clients’ biggest money decisions

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.