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Jennifer McHugh Named Acting IM Director

The Securities and Exchange Commission announced on Friday that Chairman Mary L. Schapiro has appointed Jennifer McHugh as acting director of the Division of Investment Management.  Ms. McHugh is well-known to the IM industry, having served as special adviser to the Division's directors for many years, and more recently as an adviser to the Chairman.   Ms. McHugh will hold the position until a new director is appointed, at which time she will return to the Chairman's office. 

The full text of the Commission's announcement is available at: