🎉SEC Appoints Brian Daly as Investment Management Director
The SEC has named Brian Daly as the new Director of the Division of Investment Management, bringing decades of industry experience to the role. Daly is set to start on July 8 and aims to enhance regulatory compliance without imposing unnecessary burdens.
Key Points
- •📅 Start Date: Brian Daly steps into his new role on July 8
- •🏢 Industry Vet: Decades of experience across global law firms and investment management firms
- •🔍 Compliance Guru: Expert in legal and compliance programs and policies
- •🤝 Collaborative Approach: Committed to common-sense regulation and public comment process
- •🎓 Academic Credentials: J.D. from Stanford Law School and B.A. from Catholic University
🚀 The Big Announcement
The SEC is shaking things up with the appointment of Brian T. Daly as the new Director of the Division of Investment Management. Starting on July 8, Daly brings a wealth of experience from global law firms and investment management companies. SEC Chairman Paul S. Atkins couldn't be more thrilled, stating, “Brian has deep familiarity with all levels of the investment management industry.”
📈 Why Brian Daly?
For the past four years, Daly has been a partner at Akin Gump Strauss Hauer & Feld LLP in New York, advising investment advisers on their legal and compliance programs. His expertise spans fund and management company formation, operational and trading issues, and management company transactions. Atkins believes Daly's approach will lead to smart, effective oversight of the industry.
🌟 A Stellar Career
Before his stint at Akin, Daly was a partner at Schulte Roth & Zabel LLP, where he spent nearly a decade advising on legal, compliance, and operational issues. He also held prominent roles at Kepos Capital, Millennium Partners, and taught legal ethics at Yale Law School. His academic credentials are equally impressive, boasting a J.D. from Stanford Law School and a B.A. from Catholic University.
🔮 What's Next?
Daly is optimistic about his new role and eager to work with Chairman Atkins to ensure regulatory compliance while tailoring rulemakings within statutory authority. In his own words, “I am optimistic about this new day at the SEC and eager to get to work.” With his extensive background and collaborative approach, Daly is poised to make significant strides in the investment management industry.