A top Securities and Exchange Commission official who made headlines for criticizing the private-equity industry last year is planning to leave the commission.
The SEC announced Tuesday that Andrew Bowden will step down from his post as head of the SEC’s Office of Compliance, Inspections and Examinations at the end of April, to return to the private sector.
Mr. Bowden, who joined the SEC in 2011, oversaw all of the commission’s examinations work, including over private-equity and hedge funds, which came under increased oversight because of the 2010 Dodd-Frank financial-overhaul law.
Source: The Wall Street Journal