Investor Advisory Committee

Section 911 of the Dodd-Frank Act established the new Investor Advisory Committee to advise the Commission on regulatory priorities, the regulation of securities products, trading strategies, fee structures, the effectiveness of disclosure, and on initiatives to protect investor interests and to promote investor confidence and the integrity of the securities marketplace. The Dodd-Frank Act authorizes the committee to submit findings and recommendations for review and consideration by the Commission.

Elisse Walter, SEC Chairman: This diverse group of distinguished individuals, each accomplished in their own right, has come together to advise the Commission about the needs of investors. We are eager to hear from the Committee - about investment products and services, trading practices, broker-dealers and investment advisers, among other issues - to help better inform our mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.

Committee Members

Joseph Dear, Chairman
Chief Investment Officer
California Public Employees' Retirement System
Craig Goettsch, Vice Chairman
Director of Investor Education and Consumer Outreach
Iowa Insurance Division
J. Robert Brown, Jr., Secretary
Law Professor
University of Denver
Jean Setzfand, Assistant Secretary
Director of Financial Security
AARP
Anne Sheehan, Chairman, Investor as Owner Subcommittee
Director of Corporate Governance
California State Teachers' Retirement System
Barbara Roper, Chairman, Investor as Purchaser Subcommittee
Director of Investor Protection
Consumer Federation of America
Roger Ganser, Chairman, Investor Education Subcommittee
Chairman of the Board of Directors
BetterInvesting
Steven Wallman, Chairman, Market Structure Subcommittee
Founder and Chief Executive Officer
Foliofn, Inc.
Darcy Bradbury
Managing Director and Director of External Affairs
D.E. Shaw & Co., L.P.
Eugene Duffy
Partner and Principal
Paradigm Asset Management Co. LLC
James Glassman
Executive Director
George W. Bush Institute
Joseph Grundfest
William A. Franke Professor of Law and Business
Stanford Law School
Mellody Hobson
President and Director
Ariel Investments, LLC
Stephen Holmes
General Partner and Chief Operating Officer
InterWest Partners
Adam Kanzer
Managing Director and General Counsel
Domini Social Investments
Chief Legal Officer
Domini Funds
Roy Katzovicz
Partner, Investment Team Member and Chief Legal Officer
Pershing Square Capital Management, L.P.
Kurt Schacht
Managing Director
CFA Institute
Alan Schnitzer
Vice Chairman and Chief Legal Officer
The Travelers Companies, Inc.
Damon Silvers
Associate General Counsel
AFL-CIO
Mark Tresnowski
Managing Director and General Counsel
Madison Dearborn Partners, LLC
Ann Yerger
Executive Director
Council of Institutional Investors

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