SEC hires new private funds specialist

The US Securities and Exchange Commission (SEC) has hired Jennifer Duggins as a senior specialized examiner and the new co-head of the Private Funds Unit (PFU) in the Office of Compliance Inspections and Examinations (OCIE). She will start later this month and run the unit alongside SEC veteran Igor Rozenblit, pfm has learned.

Duggins will join from KPMG, where she has served as director of the financial services regulatory practice since last November, according to her LinkedIn profile. Prior to KPMG, she served as chief compliance officer and senior vice president at hedge fund Chilton Investment Company for eight years. She also spent three years as a vice president at technology hedge fund Andor Capital Management.

Duggins, who has worked with the SEC in the past through its Compliance Outreach Program, also has served as a member of the Chief Compliance Officer Steering Committee of the Managed Funds Association and is a faculty member for the National Society of Compliance Professionals.

The new appointment fills a PFU vacancy left by Marc Wyatt, who replaced Andrew Bowden in April as the interim head of OCIE. The exam team recently completed a two-year sweep of newly-registered private fund advisers that is expected to culminate in an after-action report in the coming months.