On August 31, 2017, the SEC announced that Dalia Blass has been named Director of the agency’s Division of Investment Management, which is responsible for the oversight and regulation of registered investment companies, variable insurance products and registered investment advisers. Ms. Blass is returning to the SEC from private practice after previously having served in various capacities in the Division of Investment Management, most recently as Assistant Chief Counsel. Ms. Blass succeeds David Grim who had spent 22 years at the SEC, including two and a half years as Director of the Division of Investment Management.