On October 21, 2011, the Securities and Exchange Commission announced that Andrew J. Bowden was appointed as Associate Director to lead the National Investment Adviser/Investment Company Examination Program in the SEC’s Office of Compliance Inspections and Examinations (OCIE). OCIE conducts the SEC’s national examination program for hedge fund advisers and other investment advisers, investment companies, broker-dealers, self-regulatory organizations, clearing agencies, transfer agents and credit rating agencies to fulfill its mission of promoting compliance, preventing fraud, monitoring risk and informing SEC policy. See “SEC Exams of Hedge Fund Advisers: Focus Areas and Common Deficiencies in Compliance Policies and Procedures,” Vol. 4, No. 38 (Oct. 27, 2011).