What You Need to Know
- SEC Chairman Gensler said on Aug. 25 that he had appointed Roper as his senior advisor.
- The consumer group where she was director of investor protection is now searching for a permanent replacement.
- NASAA's Michael Canning will join CFA as investor protection consultant.
The Consumer Federation of America announced Monday that it has instituted a search to find a permanent replacement for Barbara Roper, CFA’s former director of investor protection who is now senior advisor to Securities and Exchange Commission Chairman Gary Gensler.
Mike Canning, director of policy at the North American Securities Administrators Association, will be joining in a consulting capacity as investor protection consultant, the consumer group said.
Canning recently announced that he will be leaving NASAA at the end of September to form The LXR Group, a public policy consulting firm.
Dylan Bruce, CFA’s Financial Services Counsel, will continue Roper’s work in protecting American investors, the consumer group said.