Sarbox man gets chief accountant role at SEC

Richard F. Sennett has been named chief accountant of the Securities and Exchange Commission’s division of investment management.

He will have primary responsibility for oversight of the financial reporting and accounting practices of registered investment companies.

According to the SEC, he was instrumental in the development and implementation of the division’s Sarbanes-Oxley annual report review process.

Sennett was previously vice president and senior manager for fund accounting at Deutsche Bank Global Fund Services.

Since 2002, he has been an assistant chief accountant in the investment management division, where he worked on various accounting issues related to investment companies.

Further reading:

SEC meeting to discuss Sarbanes-Oxley changes

SEC chairman Cox defends Sarbox