Industry

Craig M. Lewis has been named chief economist and director of the Division of Risk, Strategy, and Financial Innovation at the Securities and Exchange Commission.

Chuck Gariboldi has joined U.S. Bancorp Fund Services as vice president and fund operations manager, in charge of daily operations in the fund accounting division. Gariboldi will also work with other divisions of the company to ensure accounting operations and policies meet evolving client and industry trends.

National Advisors Trust revamps its board of directors with a trio of new members and the appointment of a new chairman.

Michael J. Woods, U.S. head of distribution for DWS Investments, has been given the additional role of regional head and chief executive officer of DWS Investments U.S.

DWS Investments, the retail mutual funds arm of Deutsche Bank, on Wednesday named Michael J. Woods as regional head and CEO, adding those titles and responsibilities to his current role as U.S. head of distributions.

Baer will help J.P. Morgan develop retirement solutions.

J.P. Morgan Asset Management has hired Benji Baer as managing director and chief marketing officer, reporting to Richard Chambers, chief marketing officer for J.P. Morgan Investment Management Americas. Baer will also serve as a member of the senior management team for Michael Falcon, head of retirement for J.P. Morgan Asset Management.

On Monday Bank of America Merrill Lynch announced that Cathy Bolz was hired to the Institutional Client Relationships leadership team as an Executive Client Relationship Manager, reporting to Kevin Crain.

They plan to boost their staff by 30% over the next 12 months, Fidelity finds.

Although the unemployment rate in the U.S. is 9%, three-quarters of broker-dealers and registered investment advisors plan to hire in the next 12 months, and they plan to boost their staff by an average of 30%, Fidelity Investments found in a survey.