State Street Global Advisors (SSgA) is seeking an Internal Sales Cash Representative in their direct sales channel. See their ad on page 3 of Money Fund Intelligence or go to www.statestreet.com/careers and search for job number 83005.
Crane Data recently hired a new Associate, Kayla Surozenski. Please help us welcome Kayla!
Eun Ah Choi has been named Managing Executive of the Securities & Exchange Commission's Division of Investment Management.
The U.S. Senate confirmed Kara M. Stein and Michael S. Piwowar as Commissioners at the Securities and Exchange Commission. The two replace Elisse Walter and Troy Paredes. (See ICI's Statement here.)
Former SEC Deputy Director of the Division of Investment Management Robert Plaze is now a Partner with Stroock & Stroock & Lavan LLP. Stuart Coleman, who heads Stroock's Investment Management group, comments, "Bob Plaze is widely regarded as a key architect of many of the rules governing regulated investment advisers, investment companies and private fund advisers."
After 21 years working with money funds, Peter Rizzo will be moving from Standard & Poor's Fund Ratings Group to work in S&P's RMBS Ratings Group. Joel Friedman will take over as the Analytical Manager for Fund Ratings.
OppenheimerFunds announced that long-time money fund manager Carol Wolf, Head of their Cash Strategies team, will be retiring July 22. Chris Proctor will be promoted to head of the Cash Strategies team, and Adam Wilde will join Chris as a co-portfolio manager.
We learned from Reuters that President Obama will nominate Senate aid Kara Stein to replace Elisse Walter aid Michael Piwowar to replace Troy Paredes.
Money fund industry veteran Paul Rice is the new Managing Director, Americas, at MyTreasury, a unit of ICAP Group.
American Century Investments has promoted Senior Fixed Income Trader Le Tran to Portfolio Manager. Tran will co-manage the American Century Tax-Free Money Market and American Century CA T-F MMF funds.
Eaton Vance hired ex-Dwight Asset Mgmt. and Lehman alums John Donohue, Bob Swidey, Timothy Robey, Jeffrey Boutin, and Kevin Zimmerman to launch a new Institutional Cash Management Services Business.
President Obama announced that he will nominate Mary Jo White as Chairman of the U.S. Securities and Exchange Commission.
The Securities and Exchange Commission appointed SEC veteran David Grim Deputy Director in the Division of Investment Management.
Michael Duke has been promoted to Vice President at G.X. Clarke & Co. Duke works with Partner Sal Ursida.