Andrew Donohue

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Andrew Donohue
Image:3770279085.jpg
Occupation Director of Division of Investment Management
Employer Securities and Exchange Commission
Web site www.sec.gov

Andrew J. “Buddy” Donohue was appointed director of the Division of Investment Management at the US Securities and Exchange Commission in April 2006[1].

Background

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Donohue is among the most senior financial services regulators in the US, with principal oversight for the $30,000bn investment management industry. As director, Donohue is responsible for developing regulatory policy and administering the federal securities laws applicable to mutual funds, exchange-traded funds, closed-end funds, variable insurance products, unit investment trusts (UTIs) and investment advisers.

His experience includes being global general counsel for Merrill Lynch Investment Managers where he was in charge of the firm's legal and regulatory compliance functions He was also chairman of the firm's global risk oversight committee.

Donohue spent more than a decade as executive vice president, general counsel, director, and member of the executive committee for Oppenheimer Funds, a retail mutual fund management company with managed assets of over $150bn. Donohue and his wife, Pat, have three children and two grandchildren.

Education

He earned his J.D. from New York University School of Law in 1975 and his B.A., cum laude, with honors in Economics from Hofstra University in 1972.

References

  1. Press Release. SEC. Retrieved on January 6, 2008.


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