The Securities and Exchange Commission announced Monday that Paula Drake has been appointed an Associate Director to serve as Chief Counsel and Chief Compliance and Ethics Officer in the SEC's Office of Compliance Inspections and Examinations.

Starting Aug. 6, Drake will oversee a staff of eight lawyers and coordinate the efforts of attorney-advisors in the SEC's 11 regional offices.

According to the SEC, Drake served most recently as general counsel and Chief Operating Officer at Oechsle International Advisors, LLC, where she was involved in all aspects of the investment management business, including registering investment advisors and establishing risk and compliance programs.

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