SEC Names Sara P. Crovitz Deputy Chief Counsel in the Division of Investment Management’s Chief Counsel’s Office

The Securities and Exchange Commission today named  Sara P. Crovitz Deputy Chief Counsel and Associate Director in the Division of Investment Management’s Chief Counsel’s Office.

As Deputy Chief Counsel, Ms. Crovitz will assist the Chief Counsel in overseeing legal guidance under the Investment Company and Investment Advisers Acts of 1940. Ms. Crovitz also will focus on strategic collaboration between the Chief Counsel’s Office and other offices within the Division of Investment Management and in the Commission and plans to implement leadership initiatives that promote professional development among the staff.

“Sara has a proven track record of expertly handling complex legal matters and providing high quality guidance in an evolving market,” said David W. Grim, Director of the Division of Investment Management. “She also is committed to inspiring collaborative and people-oriented leadership. I know she will be a key voice on our senior team.”

“Sara is a resource throughout the Commission for regulatory knowledge and for promoting inclusive leadership,” said Doug Scheidt, Chief Counsel of the Division of Investment Management. “We all look forward to continuing to benefit from Sara’s counsel as she steps into this new role.”

Ms. Crovitz said, “I am honored to have this opportunity. Having served in the Commission for many years, I have seen the incredible talent and relentless dedication of the Division staff. I welcome the opportunity to work with the Division’s entire staff as we move forward together, dedicated to providing an appropriate regulatory environment in an ever-evolving market environment.”

Ms. Crovitz joined the Commission in 1996 as an attorney in the Office of General Counsel. In 1999, Ms. Crovitz joined the Division of Investment Management as a Senior Counsel in the Office of Investment Company Regulation; and later became a Senior Counsel, a Branch Chief, and an Assistant Chief Counsel in the Chief Counsel’s Office. Prior to her SEC service, Ms. Crovitz was an Associate with Steptoe & Johnson from 1994-1996. Ms. Crovitz received her law degree and bachelor’s degree from the University of Chicago.  Among other honors, Ms. 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.