People News Archives: 2013
Wells Seeks Assoc. Wholesaler
Wells Fargo Advantage Funds is seeking an Associate Wholesaler 2 based in either Boston, Charlotte or Menomonee Falls, WI. See www.wellsfargo.com/careers/ and enter #3816767 for more details.
SSgA Seeks Cash Sales Rep
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 Hires Associate
Crane Data recently hired a new Associate, Kayla Surozenski. Please help us welcome Kayla!
McNabb New ICI Chairman
F. William McNabb III, Chairman and CEO of The Vanguard Group, was elected Chairman of the Investment Company Institute (ICI).
Choi at SEC Div Inv Mgmt
Eun Ah Choi has been named Managing Executive of the Securities & Exchange Commission's Division of Investment Management.
New SEC Commissioners Confirmed
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.)
Plaze Lands at Stroock
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."
Peter Rizzo Moving on at SnP
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.
Wolf Retiring from Oppenheimer
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.
Obama Nominates SEC Commissioners
We learned from Reuters that President Obama will nominate Senate aid Kara Stein to replace Elisse Walter aid Michael Piwowar to replace Troy Paredes.
Paul Rice at MyTreasury
Money fund industry veteran Paul Rice is the new Managing Director, Americas, at MyTreasury, a unit of ICAP Group.
Mary Jo White Confirmed
Mary Jo White was confirmed by the U.S. Senate as Chairman of the U.S. Securities & Exchange Commission.
American Century Promotes Tran to PM
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.
Rice No Longer at Matrix
Michael Rice is no longer with Matrix Financial Solutions, now a unit of Broadridge. No word yet on whether this means the company will be exiting the money fund "portal" space.
Eaton Vance Hires Dwight Team
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.
Obama to Nominate Mary Jo White
President Obama announced that he will nominate Mary Jo White as Chairman of the U.S. Securities and Exchange Commission.
SEC Appoints Grim Deputy Director
The Securities and Exchange Commission appointed SEC veteran David Grim Deputy Director in the Division of Investment Management.
SEC's Khuzami to Leave
The Securities and Exchange Commission announced that "Enforcement Director Robert Khuzami will leave the agency after nearly four years." (See the full release here.)
Duke Promoted at G.X. Clarke & Co.
Michael Duke has been promoted to Vice President at G.X. Clarke & Co. Duke works with Partner Sal Ursida.
