Investment Management Director to Leave SEC

Norm Champ will step down from his post as director of the division of investment management at the Securities and Exchange Commission (SEC) later in January.

Champ, who has served at the SEC for five years in senior leadership positions, played a key role in the commission’s completion of landmark reforms in 2014 to strengthen the $3 trillion money market fund industry.

He also led numerous structural and policy changes at the agency and oversaw the division of investment management during one of its busiest periods, receiving the Chair’s Award for Labor-Management Relations in both 2011 and 2014.  Champ also received the Chair’s Award for Law and Policy in those years, and the Chair’s Analytical Methods Award in 2013 for his work on policy issues.

As director of the division of investment management, Champ led a restructuring that provided staff a broader range of development opportunities while increasing staff depth. He also led efforts to better leverage data collected by the agency by recruiting industry experts and quantitative analysts to the SEC, including specialists in data analytics, risk management and trade analysis.

After leaving the SEC, Champ will be a visiting scholar for spring term 2015 at Harvard Law School, where he also is a lecturer in law on a biennial basis teaching a course on investment management law.

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