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.