Jennifer McHugh was named Acting Director of the SEC's Division of Investment Management (which oversees mutual funds). She replaces Andrew "Buddy" Donohue who "is leaving the agency today after four years heading the Division" according to an SEC press release.
Cary Musser joined Wells Capital Management as a Senior Relationship Manager - Institutional Fixed Income (Midwest Region). He was formerly Treasurer of R.J. O'Brien & Associates LLC in Chicago.