The SEC recently announced that Kristin Snyder will join Jane Jarcho as co-directors of the SEC’s Investment Management Adviser/Investment Company examination program. Ms. Jarcho has led the program for the last three years. The two co-directors will direct about 500 lawyers, accountants, and examiners in conducting examinations of the SEC registered investment advisers and investment companies.

Ms. Snyder is not new to the SEC’s examination program, as she has been the associate regional director for the examination program in the SEC’s regional office in San Francisco for the past five years. She will continue that role while serving as the program’s co-director.

It is not expected that the new co-director of examinations will materially alter the program’s risk-based approach of the examinations of the SEC–registered investment advisers, investment companies, and broker-dealers.