The top regulator of the mutual fund industry and the rest of asset management is preparing to say goodbye next month.

Yesterday, Paul Atkins, the familiar new chairman of the U.S. Securities and Exchange Commission (SEC), and Natasha Vij Greiner, the director of the SEC's division of investment management, revealed that Greiner will leave the agency on July 4. There is no official word yet on who will succeed Greiner atop the IM division.

Atkins — a former SEC commissioner who returned and took over as chairman on April 21 — highlights Greiner's "steadfast leadership and strong judgment" and "her strategic counsel."

"Her unwavering commitment to the agency’s mission and her ability to navigate complex regulatory landscapes with clarity will have a lasting effect," Atkins states.

"As I reflect on my 23 years at the SEC, I am filled with gratitude for the incredible journey across the divisions of Investment Management, Enforcement, Examinations, and Trading and Markets," Greiner states. "It has been an extraordinary privilege to serve in various capacities at the SEC, culminating as Director of the Division of Investment Management. Throughout my tenure, I have witnessed firsthand the dedication and integrity of the staff that define this remarkable agency."

Greiner took over the IM division 15 months ago, on March 8, 2024, succeeding William Birdthistle, after serving as deputy director of the SEC's division of examinations. Earlier, she served in other leadership roles in the division of examinations and the division of trading and markets, after serving as a senior counsel with the division of enforcement and the office of compliance inspections and examinations. More than a decade ago, she helped with work on the SEC's money market fund reforms under then-chair Mary Jo White.

Greiner first joined the SEC in 2001. She is an alumna of the Catholic University of America's Columbus School of Law and of James Madison University. 

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