Gene Gohlke has retired as associate director for examinations in the
“Gene’s career at the SEC has spanned five decades, and he will be sorely missed,” said Carlo di Florio, director of the Office of Compliance Inspections and Examinations. “The Commission and the investment management industry have benefited enormously from his extensive knowledge of the securities laws, his deep understanding of the investment management exam program, and his keen insight into the investment management business.”
Norm Champ, OCIE’s deputy director, will serve as acting associate director of the office until a successor for Gohlke is named.
Gohlke joined the agency in 1975 as a staff accountant in the Division of Investment Management, which operated the investment advisor examination program prior to the creation of OCIE in 1995. He went on to hold the positions of examination program coordinator, chief financial analyst and assistant director in the division before becoming associate director in 1986. He moved on to an associate director position in OCIE when it assumed responsibility for the examination program.
Gohlke served under 10 SEC chairmen and was acting director of the Division of Investment Management in 1990.
Gohlke said: “I have been privileged to have the opportunity to help shape the regulatory regime that fostered the evolution and growth of mutual funds during a period of momentous change for investors, investment management and the financial markets.”
In 1979, Gohlke authored guidance on the use of leveraged instruments by mutual funds and helped craft the rulemaking in 2003 that requires investment companies to establish compliance programs and appoint chief compliance officers.
