Bruce Karpati, the former national chief enforcement officer of the SEC's asset management unit, has been named chief compliance officer for Prudential Investments. In addition to leading compliance for Prudential’s registered investment advisory company, he also serves as the chief compliance officer for its mutual funds boards.

Karpati spent more than a decade at the SEC, most recently as national chief enforcement officer for its asset management unit, leading enforcement efforts involving investment advisers, investment companies, mutual funds and private funds. His appointment at Prudential is effective Monday, May 13, 2013.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.