Jane Jarcho Named Associate Regional Director for Examinations in SEC's Chicago Regional Office

FOR IMMEDIATE RELEASE
2008-51

Washington, D.C., March 27, 2008 — The Securities and Exchange Commission today announced the appointment of Jane Jarcho as an Associate Regional Director for Examinations in its Chicago Regional Office (CHRO). In her new position, Ms. Jarcho will oversee the Commission's examinations of registered investment advisers and investment companies in the nine-state territory covered by the CHRO: Kentucky, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio and Wisconsin. Ms. Jarcho will lead a staff of approximately 70 accountants and examiners in conducting compliance examinations and compliance outreach programs for investment advisers, investment companies and transfer agents.

Lori Richards, Director of the Office of Compliance Inspections and Examinations, said, "Jane Jarcho brings significant leadership qualities to this position. I'm confident that investors in the region will be well served by her appointment and that they will continue to be well served by the outstanding team of examiners and accountants in the Chicago Regional Office."

Merri Jo Gillette, Director of the Chicago Regional Office, said, "Jane brings a wealth of experience and demonstrated management ability to her new position. She has a well earned reputation for being energetic, informed, tenacious, efficient and fair. I look forward to working closely with Jane as she brings her talents to bear on an already outstanding examination program."

Ms. Jarcho said, "I am very fortunate to be joining many talented and dedicated staff members who have made the Chicago Regional Office's examination program so successful. I have worked with many members of the examination staff and feel honored to be joining them. I am excited about focusing my energies in the investment adviser and investment company area and look forward to this opportunity."

Ms. Jarcho has been with the Commission for 18 years, having most recently served as an Assistant Regional Director for Enforcement in the CHRO. She has been involved in numerous enforcement matters involving investment advisers and investment companies and led the CHRO's multiple investigations involving market timing and late trading. Prior to joining the Commission, she practiced with two law firms in Chicago. Ms. Jarcho received her J.D. degree in 1986 from the University of Wisconsin, and graduated from Middlebury College in 1982.

http://www.sec.gov/news/press/2008/2008-51.htm