Former SEC commissioner Roel Campos has joined the advisory board of San Francisco-based Gratio Capital, the firm announced Thursday, September 2. The statement said Gratio creates asset-building products for underserved consumers.
At Gratio, Campos will help shape the firm's strategy and assist in regulatory compliance, the statement said. It said Gratio planned to roll out an investment product called GoalMine in the fourth quarter. This will allow "anyone, regardless of investing experience or income level, to access high quality mutual funds for as little as $25," the news release stated.
Campos served as SEC commissioner from 2002 until 2007. During his tenure, he advocated for transparency in mutual fund products and for improved rules under the Investment Company Act, according to the statement. He was also a member of President Obama's Transition Team Economic Advisory Board. At present, he is a senior partner with the law firm Cooley LLP, where he advises corporate management teams and boards of directors on enforcement, internal investigations, prosecutions, securities and international regulation, and corporate governance.
The statement noted that Campos was recently appointed to the Presidential Intelligence Advisory Board, and in 2008, he was named to The National Law Journal's 50 Most Influential Minority Lawyers in America. He is a founding member of the New America Alliance, an initiative to raise awareness of investment opportunities in the country's Latino sector.
