August 03, 2012
--- As deputy director of the Securities and Exchange Commission (SEC) Division of Investment Management, Robert E. Plaze most recently worked on money market funds. ---
Plaze first joined the SEC in 1983
as an attorney in the Division of Investment Management, and has since served
as special counsel, assistant director, associate director for regulatory
policy and deputy director.
“Few people have had as great
an impact shaping the regulatory landscape for the benefit of individual
investors,” said SEC Chairman Mary L. Schapiro. “Bob’s keen intellect and
passion for investor protection have been central to virtually every
significant rule affecting mutual funds and investment advisers for more than a
generation.”
Norm Champ, director of the
Division of Investment Management, added: “Bob has been instrumental in the
creation of the regulatory regime for investment advisers and investment
companies. He has had a long and distinguished career working on behalf of
investors.”
Plaze has worked on rulemaking
for money market funds and on implementing a Dodd-Frank Act requirement for
hedge funds, as well as on numerous mutual fund governance practices—including
fee tables in mutual fund prospectuses, standardized fund performance in
advertisements, the adoption of compliance programs at fund investment advisers,
and protecting pension plans and other investors from “pay-to-play” practices.
Plaze also was given the SEC’s
Distinguished Services Award and, twice, the agency’s Law Policy Award. He is a
graduate of Georgetown University and Georgetown University Law Center.
Plaze said: “It’s been an honor
and privilege to work at the Commission. When I began, I expected to stay a few
years, but I found that the issues were so engaging and the work so important
that I remained here for nearly three decades.”
Lee Barney