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News January 25, 2016 Issue

Riewe Will Leave SEC Next Month

One of the more visible names in SEC enforcement will be leaving the agency in February.

Julie Riewe, co-chief of the Division of Enforcementís Asset Management Unit, will be stepping down from that post and leaving the agency, the SEC recently†announced. Marshall Sprung, who with Riewe has served as co-chief, will continue to lead the unit following her departure.

During her more than two years as co-chief, Riewe put her stamp on a number of enforcement actions and investigations. She oversaw a number of enforcement efforts involving data-driven, risk-analytic initiatives, including those involving hedge fund returns and cherry-picking.

Riewe began at the SEC in 2005 as a staff attorney in the Division of Enforcement. She joined the new Asset Management Unit as an assistant director in 2010,†became co-deputy chief in 2012, and co-chief in 2013. ?