The SEC announced the creation of the Office of Risk and Strategy, led by Peter Driscoll, that will enhance the regulator's oversight of financial advisers. The Washington D.C.-based team will examine investment advisers and mutual funds through the development and use of "new tools and techniques" to strengthen the activities of the SEC's Office of Compliance Inspections and Examinations. Driscoll has been OCIE's Managing Executive since 2013 after joining the SEC in 2001 as a staff attorney with the Division of Enforcement in Chicago. Robert Fisher was subsequently appointed as Driscoll's replacement as Managing Executive of OCIE.
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