The Securities and Exchange Commission announced Thursday that Kathleen Weiss Hanley, deputy chief economist and deputy director of the Division of Economic and Risk Analysis, will leave the agency later this month to join the faculty at the University of Maryland’s Robert H. Smith School of Business.
Hanley has served in her current position since August 2011 and has been a member of the SEC staff on two previous occasions, working as a research economist from 1987 to 1988 and as a senior financial economist from 2005 to 2010.
In her most recent role, the SEC says that Hanley helped to “incorporate rigorous economic modeling and analytics into a wide variety of Commission activities.” She also was instrumental in expanding the division and its research activities and highlighting the value of high-quality research to SEC policymakers.
“Kathleen joined the division at a pivotal moment in its early growth, providing critical thought leadership and working with staff to integrate economic analysis more fully into the Commission’s various activities, particularly rulemaking and risk assessment,” said Craig Lewis, SEC chief economist and director of the Division of Economic and Risk Analysis, in a statement. “Her work strengthening the division’s research program leaves an important and lasting legacy.”
Hanley received the SEC’s 2013 Law and Policy Award for her work on a team that drafted guidance on economic analysis in SEC rulemakings and was part of a team that received the SEC’s 2013 Analytical Methods Award for its study of money market mutual funds.
Before joining the SEC staff, Hanley was a senior economist at the Federal Reserve Board and was on the faculty of both the University of Maryland and the University of Michigan. She earned her Ph.D. from the University of Florida and her B.S. from Indiana University.