WASHINGTON -- New York securities lawyer Barry Barbash has been named director of the Securities and Exchange Commission's division of investment management, SEC chairman Arthur Levitt said yesterday.
The division oversees the $1.9 trillion mutual fund industry.
Barbash was an attorney with the firm of Willkie Farr & Gallagher for the last 12 years. Before that he had been a staff attorney in the SEC's investment managment division.
Barbash replaces Marianne Smyth who left the commission this spring to join the Washington law firm of Wilmer Cutler & Pickering.