Jane Jarcho has been named deputy director of the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE), the SEC announced Wednesday.
Jarcho has been national director of OCIE’s investment advisor and investment company examination program since 2013 and will continue in that role, overseeing approximately 600 lawyers, accountants and examiners responsible for inspections of U.S. registered investment advisors and investment companies.
Under her leadership, the examinations increased more than 27 percent and targeted areas such as cybersecurity, never before examined investment advisors and investment companies, alternative mutual funds, fixed-income funds and retirement accounts, the SEC says.
Before being named national director of the examination program, Jarcho was an associate director of the program in the SEC’s Chicago regional office
OCIE conducts examinations of SEC-registered investment advisors, investment companies, broker-dealers, self-regulatory organizations, clearing agencies and transfer agents. It uses a risk-based approach to examinations to fulfill its mission to promote compliance with U.S. securities laws, prevent fraud, monitor risk, and help create SEC policy, the SEC says.