Jaime Eichen, former chief accountant for the division of investment management at the US Securities and Exchange Commission (SEC), has rejoined EY as a partner in the professional practice group with a focus on the wealth and asset management sector.

"We are extremely pleased that Jaime is returning to EY and will join our Wealth and Asset Management team to share her extensive regulatory experience with our clients," said Tom Flannery, a partner with Ernst & Young LLP and EY Americas co-leader, Wealth and Asset Management.

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"The wealth and asset management sector has rebounded from the global financial crisis to face a rapidly evolving regulatory environment and continued industry convergence. Organizations are keenly focused on efficiently adapting to change, managing complex risks and growth in an increasingly crowded field. Jaime’s deep experience with regulatory issues can help clients succeed."

At the SEC, Eichen was responsible for interpreting new accounting and auditing regulations and directing the financial reporting, accounting and auditing practices of investment companies in compliance with the federal securities laws.

She worked closely with other Divisions and Offices within the SEC including the Division of Enforcement, the SEC’s Office of the chief accountant and the office of Compliance Inspections and Examinations, where she provided accounting and auditing guidance on numerous practice issues.

She also served for more than three years as an assistant chief accountant for the Division of Investment Management at the SEC.

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Prior to joining the SEC in 2008, Eichen was a senior manager at EY and provided assurance services to asset management clients, including mutual funds, hedge funds, private equity funds, investment advisers and general partners.

She also worked in EY’s Professional Practice Group where she assisted in providing technical consultations to the asset management practice.

"I look forward to helping EY anticipate market trends, identify their implications and develop points of view on relevant sector issues for clients," said Eichen. "Working together, we can help clients meet goals and compete more effectively."