Marshall Gandy, associate regional director for examinations for the U.S. Securities and Exchange Commission in Fort Worth, has been named co-national associate director of the agency’s Investment Advisor/Investment Company Program.
Gandy and co-national associate director Kristin Snyder will oversee more than 630 lawyers, accountants and examiners who conduct inspections of investment advisors and businesses registered with the SEC.
A graduate of the SMU Dedman School of Law, Gandy will continue to lead examinations for the Fort Worth Regional Office, which has jurisdiction over Texas, Oklahoma, Arkansas and Kansas.
Gandy also has been considered a finalist to be the Fort Worth office’s next regional director – a position that has been vacant since Shamoil Shipchandler departed to be a partner at Jones Day in Dallas in January.
The SEC is expected to announce a new regional director for the Fort Worth office within the next week.
“Marshall is an exceptional and collaborative leader of our Fort Worth exam team and will bring additional strong leadership to the national IA/IC program,” said Peter B. Driscoll, director of the Office of Compliance Inspections and Examinations, which oversees the IA/IC program.
“His efforts to improve our exam process, increase investor outreach and pursue emerging risk areas have strengthened the entire exam program,” Driscoll said.
Gandy joined the SEC in 1999 and spent eight years as a trial counsel and enforcement attorney in the Fort Worth office’s enforcement program. He’s also served as senior regional counsel for FINRA’s Dallas District and been a presiding judge in Dallas County.
“I am extraordinarily honored for the opportunity to serve in this new role in OCIE,” Gandy said in a press release issued by the SEC. “For seven years, I have been extremely privileged to work with Fort Worth’s fantastic exam team, and now that privilege will extend to working with the equally talented and dedicated IA/IC teams across the entire exam program.”