After 28 years at the SEC, Jane Jarcho has left the agency and joined Promontory Financial Group as a special adviser. Jarcho spent the last ten years in the Office of Compliance Inspections and Examinations (OCIE) as National Director of the Investment Adviser/Investment Company examination program and also, in her last 18 months, as Deputy Director, where she led national examination initiatives in areas such as cybersecurity; exchange-traded funds and mutual funds; money-market funds; share class selection; robo-advisers; target-date funds; and wrap fees. The Hedge Fund Law Report recently interviewed Jarcho in connection with her move to Promontory and presents her insights in this two-part series. This first article covers her move to the private sector; examines her experience in the SEC’s Enforcement Division and OCIE, including her time in the first internet-focused enforcement unit and her role in developing national exam initiatives; and explores the relationship between the two divisions. The second article will discuss her thoughts on OCIE’s National Exam Program; the impact of technology and the hiring freeze on the program; OCIE’s annual exam priorities; and the private funds space in general. For insights from Jarcho while she was at the SEC, see our two-part series “SEC Division Heads Enumerate OCIE and Enforcement Priorities”: Cybersecurity, Fees, Bad Actors and Never-Before Examined Hedge Fund Managers (Apr. 28, 2016); and Conflicts of Interest, Valuation, Performance Advertising and CCO Liability (May 5, 2016). See also “Top SEC Officials Discuss Hedge Fund Compliance, Examination and Enforcement Priorities at 2014 Compliance Outreach Program National Seminar (Part Two of Three)” (Feb. 28, 2014).