Goldman Sachs Exec to Head SEC to Oversee Mutual Funds and Investment Advisers

Source: ABC News  (Mon Dieu! Is anyone surprised?)
A Goldman Sachs executive has been named to head the division of the Securities and Exchange Commission that oversees mutual funds and investment advisers.

The agency said Tuesday that Eileen Rominger will become director of investment management, replacing Andrew "Buddy" Donohue, who left the SEC in November. Rominger has worked for nearly 30 years as a portfolio manager and leader of asset management teams. She worked for 11 years at Goldman Sachs Asset Management, most recently as its global chief investment officer.

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