The Securities and Exchange Commission's deputy general counsel and acting director of the division of investment management Meyer Eisenberg, has decided to retire in January because he has accepted a position as visiting professor of law at Willamette University College of Law in Salem, Oregon.
He has been the deputy general counsel since 1998. The office of the Commission's general counsel corresponds to the Commission in all actions pending in appellate courts, advises the Commission on all enforcement and rulemaking matters, and assists the Commission with its adjudicatory responsibilities.
Eisenberg was involved in many Commission rulemaking proceedings and litigation matters, including the independent chairman rule, regulation FD (fair disclosure) and the hedge fund registration rule.
"Mike's experience spans decades that saw dramatic increases in the number of Americans who invest. For his work to protect investors over the years, and for helping to keep America's capital markets the worlds' gold standard, Mike deserves all the gratitude of all investors," said SEC Chairman Christopher Cox. "As just one example, between the time Mike joined the SEC and today, the mutual fund industry grew from $40 billion to more than $8 trillion. Mike is one of the most admired and well-respected leaders of the SEC's highly professional staff. The Commission, the staff and I will miss him."
"I have great regard for the Securities and Exchange Commission as an institution, and I am pleased to have been able to spend some of the most rewarding years of my career working on a broad array of regulatory initiatives and litigation designed to further the agency's mission of investor protection through full disclosure, fair dealing and honest markets," Eisenberg said.