Washington, D.C. – CFA’s Executive Director, Jack Gillis, announced that CFA’s long-standing Director of Investor Protection, Barbara Roper has left the Federation for a critically important position at the U.S. Securities and Exchange Commission.  “Barb Roper has likely been one of the most influential and effective protectors of the America investor in recent history,” said Gillis.  “CFA is so proud of her efforts as well as her selection to carry on her work at the SEC in support of SEC Chairman Gensler.”

For 35 years Barbara Roper has served to protect consumers at the Consumer Federation of America.  “Her efforts to institutionalize a fiduciary responsibility in the financial marketplace is legendary and has served as the benchmark for those interested in a healthy, responsible and fair financial marketplace,” added Gillis.

As the Federation looks to find a permanent successor for Barbara, Mike Canning will be joining CFA in a consulting capacity as Investor Protection Consultant. Mike has recently announced that he will be leaving the North American Securities Administrators Association at the end of September to form The LXR Group, a public policy consulting firm.  He and Dylan Bruce, CFA’s Financial Services Counsel, will be continuing Barb’s work in protecting American Investors.

Contact: Jack Gillis, 202-939-1018