Norm Champ is the Director of the Division of Investment Management of the U.S. Securities and Exchange Commission.
Since his arrival to the Division in 2012, Mr. Champ has established the new Risk and Examinations office to analyze data and developments in the asset management industry. This initiative includes an enhanced dialogue with industry participants and a review of new products and practices in important asset management firms. Mr. Champ introduced “IM Moving Ahead,” a comprehensive self-assessment and revitalization of the Division to transform it into a continuous improvement organization. This effort has led to redefined office names, a new website, and numerous new resources for the Division. Under his leadership, the Division has recommended, and has had the Commission successfully approve, several significant rules relating to identity theft protection, principal trading, and other issues.
Prior to joining the Division of Investment Management, Mr. Champ was the Deputy Director of the Office of Compliance Inspections and Examinations of the SEC and the Associate Regional Director for Examinations in the New York Regional Office of the Commission. While Deputy Director of OCIE, Mr. Champ served in other various capacities including as the acting head of the broker-dealer, investment adviser/investment company, and credit rating agency examination programs and acting Chief Counsel. Mr. Champ has participated in the Commission’s international technical assistance program in Saudi Arabia and Abu Dhabi.
Mr. Champ is a Lecturer on Law at Harvard Law School where he teaches Private Fund Investment Management Law. He has been a panelist on securities law topics at many forums including the Commission, the Practicing Law Institute, SIFMA, MFA, the Saudi Central Bank, the New York City Bar Association, the International Bar Association, and other organizations.
Before joining the staff of the Commission in 2010, Mr. Champ was Executive Vice President and General Counsel of Chilton Investment Company, an investment adviser to long/short equity hedge funds and managed accounts. From 2006 to 2009, Mr. Champ was a member of the Board of Directors of the Managed Funds Association, an alternative investment industry trade group, and was Chair of its Investor Protection Task Force. Prior to joining Chilton in 1999, Mr. Champ was with the law firm of Davis Polk & Wardwell. From 1990 to 1992, Mr. Champ clerked for the Honorable Charles S. Haight, Jr., of the U.S. District Court for the Southern District of New York.
Mr. Champ has an A.B. in History from Princeton University and a J.D. from Harvard Law School. He was a Fulbright Scholar at King’s College in London where he received his M.A. in War Studies.