David Blass, chief counsel and associate director of the Securities and Exchange Commission's Division of Trading and Markets, will become the Investment Company Institute's general counsel come September.
Blass, who will report to ICI President and CEO Paul Schott Stevens, will assume the role of chief legal officer and oversee all legal and regulatory matters affecting ICI and its members, including investment company, capital markets, pension, tax and international issues.
"David brings to ICI a wealth of professional experience, gained in senior government service and in private practice both here and abroad," said Stevens, in a Friday statement. "I am certain he will provide outstanding leadership as head of the Institute's Law Department and as a member of our senior management team."
In his current post in the SEC's Division of Trading and Markets, Blass oversees the division's international program and provides legal and policy advice to the SEC Chairwoman Mary Jo White and the commissioners on a wide range of issues.
