FYI


  The SEC named Kathleen M. Griffin as its first chief compliance officer, a position that was created to streamline and centralize oversight responsibility for employee securities transactions and financial disclosure reporting.

 

She will head a new compliance unit within the SEC’s Office of Ethics Counsel. Oversight responsibility for ensuring staff compliance in this area was previously spread between two offices. Consolidating the compliance functions within one office is intended to eliminate the potential for any inefficiency or redundancy, according to the SEC.

 

Griffin previously worked for Putnam Investments, a global money management firm, where she was vice president, senior compliance manager, and deputy code of ethics officer.

 

  The SEC named Howard A. Scheck as chief accountant for its Division of Enforcement.

 

Scheck rejoins the SEC staff from Deloitte Financial Advisory Services LLP, where he has been a partner in the Forensic & Dispute Consulting practice. He previously worked at the SEC for 10 years, including as a branch chief in the Division of Enforcement.

 

In his new role, Scheck will lead the division’s accountants as they provide technical accounting expertise during financial fraud investigations.

 

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