Schapiro’s Senior Advisor, McHugh, Moves Over to Investment Management

Champ said in the statement announcing HcHugh’s appointment that “Jennifer has a wealth of experience from her last four years in the Chairman’s Office that will be extremely helpful to the Division.”

The planned new examiners to be hired by Investment Management, the SEC’s financial report states, “would increase investor protection by supplementing and coordinating with other examination efforts. They would also bring skills and specialized experience to examinations of funds and investment advisers.” In addition, the examiners’ specialized skills are “expected to directly inform and support and improve policies and rulemakings that address industry practices observed during exams.”

McHugh said in the same statement that she looks “forward to working with Norm Champ and the dedicated and talented staff of the Division of Investment Management. The Division’s work developing regulatory policy for mutual funds and investment advisers is particularly meaningful and rewarding because it has a direct impact on everyday investors.”

McHugh received her J.D., magna cum laude, from Catholic University where she was the lead articles editor of the Catholic University Law Review. She received her B.A., cum laude, from Notre Dame. Prior to joining the SEC staff, McHugh was an associate in the Investment Management Practice Group of Dechert LLP.