The Securities and Exchange Commission (SEC) named Noelle Maloney to serve as interim Inspector General for the agency following the departure of Inspector General David Kotz to join a private investigative services firm. Kotz will serve as managing director for Gryphon Strategies in the company's Washington, D.C., office.
Maloney will head the SEC's Office of Inspector General (OIG) while the commission searches for a permanent head. The Dodd-Frank Act requires the Inspector General to report to all SEC commissioners, so SEC Chairman Mary Schapiro directed the staff to work with the commissioners to create a consensus process that will involve all the commissioners in the hiring.
Maloney has been Deputy Inspector General at the agency since July 2008. In that role, she oversees the OIG's Office of Investigations and the OIG's Office of Audits, which conducts independent audits and evaluations of SEC programs and operations. Maloney also supervises the OIG's administrative, financial and personnel matters, information systems management, strategic planning and policy development.
Maloney joined the SEC in January 2005 as a Senior Counsel in the Office of the General Counsel of the SEC. In that capacity, she served as an agency subject matter expert on issues of privacy and information sharing.
Before coming to the SEC, Maloney was the director of policy and public information for the Peace Corps, where she supervised the audit and evaluation of agency policy, operating plans and programs and the drafting of new policy. She also served as the agency's Freedom of Information and Privacy Act officer. Maloney began her federal career at the National Institutes of Health, where she worked in offices of administration and management as well as legislative and intergovernmental affairs.
Maloney received her bachelor's degree in English from the College of New Jersey and her law degree from Rutgers School of Law-Camden, where she graduated with awards for her pro bono work and brief writing. Before moving to Washington, D.C., to begin her federal career, she clerked for the Donald Smith, Jr., presiding civil judge of the New Jersey Superior Court, and was an associate at the law firm of Sterns & Weinroth PC.
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