RegulationAccounting StandardsSarbox man gets chief accountant role at SEC

Sarbox man gets chief accountant role at SEC

New chief accountant named for SEC’s division of investment management

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

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