FOR IMMEDIATE RELEASE
Washington, D.C., Dec. 11, 2012 — The Securities and Exchange Commission today announced that Jennifer B. McHugh has been named Senior Advisor to the Director in its Division of Investment Management.
Ms. McHugh will advise the Director of Investment Management on issues related to mutual funds and investment advisers. She starts her new position on December 17.
"We are excited to have Jennifer join the Division of Investment Management as she brings extensive experience on investment management issues," said Norm Champ, Director of the SEC's Division of Investment Management. "Jennifer has a wealth of experience from her last four years in the Chairmanís Office that will be extremely helpful to the Division."
Ms. McHugh said, "I look forward to working with Norm Champ and the dedicated and talented staff of the Division of Investment Management. The Division's work developing regulatory policy for mutual funds and investment advisers is particularly meaningful and rewarding because it has a direct impact on everyday investors."
Ms. McHugh served as Acting Director of the Division of Investment Management from the end of 2010 to early 2011, and has been a Senior Advisor to SEC Chairman Mary L. Schapiro since 2009. She is a 13-year SEC veteran who joined the agency in 1999 as an attorney in the Division of Investment Management, where she focused on mutual fund rulemaking. In 2000, she was named Special Counsel in the Division's Office of Investment Adviser Regulation. From 2001 to 2009, Ms. McHugh served as Senior Advisor to the Director in the Division of Investment Management, advising two Directors and two Acting Directors on management and policy issues. Ms. McHugh received the SECís Distinguished Service Award in 2012, and is a three-time recipient of the Chairmanís Award for Excellence.
Ms. McHugh received her J.D., magna cum laude, from Catholic University where she was the Lead Articles Editor of the Catholic University Law Review. She received her B.A., cum laude, from the University of Notre Dame. Prior to joining the SEC staff, Ms. McHugh was an associate in the Investment Management Practice Group of Dechert LLP.
The SEC's Division of Investment Management protects investors and promotes capital formation through oversight and regulation of the nationís multi-trillion dollar investment management industry.