"SEC Division of Investment Management Names Robert Plaze as Deputy Director and Diane Blizzard as Managing Executive" says a release put out Friday. It comments, "The Securities and Exchange Commission today announced that Robert E. Plaze has been named Deputy Director in the Division of Investment Management and Diane C. Blizzard has been named Managing Executive of the Division. As Deputy Director, Mr. Plaze will play an integral role in the Division's regulatory program under the Investment Company and Investment Advisers Acts of 1940. This includes rulemaking, granting orders exempting entities from requirements of the Acts, and issuing interpretive positions under the Acts. Mr. Plaze has been a member of the Division staff for more than 27 years. He has served in a number of positions, most recently as Associate Director for Regulatory Policy. Mr. Plaze has led numerous regulatory policy and rulemaking initiatives, and has engaged extensively with other financial regulators on behalf of the Commission on important and timely projects related to investment advisers and investment companies." Eileen Rominger, Director of the SEC's Division of Investment Management, says, "I'm very pleased that we will have the benefit of Bob's great experience and talent deployed across a broader scope of the Division's work. In his new role, Bob will help me and other leaders in the Division appropriately prioritize our near-term regulatory agenda and longer-term initiatives, and help the Commission identify the best possible solutions to the challenging issues we face in our mission of investor protection." Mr. Plaze adds, "This is a great opportunity to work with Eileen Rominger to further investor protections and our ambitious regulatory agenda."
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