David Grim Named Deputy Director of SEC's Division of Investment Management

The Securities and Exchange Commission today announced that David Grim has been appointed Deputy Director of its Division of Investment Management. Mr. Grim has worked in the division for 17 years, most recently as Assistant Chief Counsel in its Office of Chief Counsel, and has received several awards for his legal and managerial work.

"We are pleased to welcome Dave to his new role as Deputy Director of the Division of Investment Management. He brings intellectual curiosity and extensive management experience, and is committed to our program of making the division an organization that grows through continuous improvement," said Norm Champ, Director of the Division of Investment Management.

Mr. Grim joined the SEC in September 1995 as a Staff Attorney in the division's Office of Investment Company Regulation. In January 1998, he moved to the division's Office of Chief Counsel, where he has served in a variety of positions, including since September 2007 as Assistant Chief Counsel. Mr. Grim received the SEC's Capital Markets Award in 2005, the SEC's Supervisory Excellence Award in 2007, and the SEC's Law and Policy Award in 2011.

"I am honored to have the opportunity to work with Norm and my dedicated colleagues in the division to carry out our vitally important mission on behalf of investors," Mr. Grim said.

Mr. Grim graduated cum laude with a degree in Political Science from Duke University and received his law degree from George Washington University, where he was Managing Editor of the George Washington Journal of International Law and Economics.

The SEC's Division of Investment Management works to protect investors, promote informed investment decisions, and facilitate innovation in investment products and services through regulation of the asset management industry.