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Joel Friedman joined Public Trust Advisors as a senior member of their Investment Advisory Team. Friedman was previously with Standard & Poor's Global Ratings.

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Our Feb. 13 News, entitled, "In Memoriam: Money Fund Guru Bill Donoghue; Popularized MMFs in '‚Äč80s," explains, "Crane Data was saddened to learn recently that the original money fund "guru," Bill Donoghue, passed away last month. Donoghue's Obituary explains, "William E. Donoghue, 75, of Seattle, Washington ... was a respected author and investment expert best known for the growth of money market mutual funds."

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Wells Fargo Asset Management is seeking a wholesaler based in San Francisco to cover internal and external distribution partners. Contact Brad Marcus or click here for more details.

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Frank Bonanno has joined StoneCastle Partners as Managing Director, Marketing. He was previously with Reich & Tang.

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Jill Nentwig has joined Jefferies. She was previously with INTL FCStone (formerly G.X. Clarke).

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Edward 'Ned' Johnson, Chairman of Fidelity Investments, the largest manager of money market funds, announced his retirement, according to The Boston Globe." Johnson pioneered the use of check-writing for money funds.

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Mary Jo White announced plans to step down as Chair of the Securities & Exchange Commission.

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Peter Schenck is a new Senior Vice President & Senior Liquidity Specialist at Northern Trust Asset Management. He was previously with BlackRock.

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