Two former Securities and Exchange Commission officials have become partners in Stradley Ronon’s Washington office.
David Grim, the former director of the SEC’s Division of Investment Management, and Sara Crovitz, formerly the IM division’s deputy chief counsel and associate director, were brought on to help augment Stradley Ronon’s “premier investment management practice group,” said Stradley Ronon Chairman William Sasso, in a statement.
Stradley Ronon, Sasso said, “has long been known for its top-tier investment management practice, and Dave and Sara’s years of SEC experience handling complex legal matters and providing high-quality guidance will further strengthen our significant reputation in this area.”
Grim spent more than 20 years at the SEC, joining the IM Division directly from law school and eventually becoming the division’s director.
Crovitz, who has more than 20 years of experience at the SEC, most recently worked with a team of over 50 attorneys at the agency in issuing exemptive orders, no-action/interpretive letters, IM Guidance Updates and other written and oral guidance, including guidance related to MiFID, clean shares and auditor independence.
“I am thrilled to join Stradley Ronon, a firm with deep roots in the investment industry. The firm’s investment management practice is an impressive and talented group,” said Crovitz, in a statement. “I look forward to partnering with them and Dave on behalf of clients and providing those clients with valuable regulatory counsel that helps their businesses thrive in today’s fast-paced and ever-changing environment.”
Grim added that “just as I am proud to have served for 22 years at one of the best places to work in the federal government, I am similarly proud to join Stradley Ronon, with its highly respected reputation, extensive client base and warm culture.”
Grim graduated cum laude with a degree in political science from Duke University and received his law degree from George Washington University, where he was managing editor of the George Washington Journal of International Law and Economics.
Crovitz received her law degree and bachelor’s degree from the University of Chicago. Among other honors, Crovitz received the Chair’s International Award in 2014, the Chair’s Excellence in Leadership Award in 2011, and the Martha Platt Award in 2010.