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Dalia Blass to lead SEC’s Investment Management Division

According to a Wall Street Journal report, a former SEC staffer now a law firm partner has been appointed to lead the agency’s Investment Management division. Dalia Blass, before becoming a partner at law firm Ropes & Gray LLP worked at the SEC for 11 years and, among other things, oversaw exemptive applications for exchange-traded funds.  David Grim now holds the position of IM chief and has not yet stepped down from his role. Other recent SEC appointments include William Hinman, who will head the Corporate Finance Department, and Steven Peikin, who will be co-director of the Enforcement Division. Both Hinman and Peikin were also partners at major law firms.