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The Securities and Exchange Commission (SEC) announced Friday that Eileen Rominger, director of the Division of Investment Management, will be retiring in July.
During Rominger’s tenure, the SEC says, the division has been instrumental in implementing the Dodd-Frank Act’s mandates regarding advisors to hedge funds and other private funds.
“Eileen understood the importance of a fair and efficient investment management industry to the well-being of investors everywhere. Her practical insights and steady leadership served investors well,” said SEC Chairwoman Mary Schapiro, in a statement.
Rominger said in the same statement that “It has been a privilege to work with the talented and dedicated staff of the SEC in its mission of protecting investors.”
In the 30 years before Rominger arrived at the SEC, she worked as a portfolio manager and a leader of portfolio management teams, serving investors and being held accountable to mutual fund boards of directors in those roles.
Until 2010, Rominger worked at Goldman Sachs Asset Management for 11 years, serving most recently as the firm’s global chief investment officer. She previously worked for 18 years at Oppenheimer Capital, where she was a portfolio manager, managing director, and a member of the Executive Committee.
Rominger received a BA in English from Fairfield University and an MBA in finance from the Wharton School of Business at the University of Pennsylvania.