May 2 2017

Contact:

Herb Perone
202.507.7215
herb.perone@investmentadviser.org

Statement of IAA President & CEO Karen Barr on Confirmation of Jay Clayton as SEC Chair

Washington, D.C. (May 2, 2017) – Following is the statement of Karen Barr, President & CEO of the Investment Adviser Association (IAA), on today’s confirmation of Jay Clayton as the new Chair of the Securities and Exchange Commission:

“The IAA congratulates Jay Clayton on his confirmation today as Chair of the Securities and Exchange Commission. We look forward to meeting with the new Chair to discuss regulatory issues impacting investment advisers – and we look forward to working with Mr. Clayton and his fellow Commissioners as they pursue the SEC’s mission of strengthening U.S. markets and protecting investors.”

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About Investment Adviser Association

The Investment Adviser Association (IAA) is the leading trade association representing the interests of SEC-registered investment adviser firms. The IAA’s more than 640 member firms collectively manage assets in excess of $20 trillion for a wide variety of institutional and individual investors. For more information, visit www.investmentadviser.org or follow us on Twitter, LinkedIn, and YouTube.

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