Complex Financial Frauds
Investment Adviser/Company Violations
Jane Jarcho | Investment Adviser Expert Witness | SEDA Experts
Ms. Jarcho served as a Deputy Director at the SEC Office of Compliance Inspections & Examinations (“OCIE”) and Head of the Investment Adviser/Investment Company (“IA/IC”) examination program. Ms. Jarcho’s enforcement work covered a breadth of areas, including complex financial frauds, insider trading, offering frauds, market manipulation, broker-dealer supervision, and investment adviser and investment company violations.
Ms. Jarcho served as OCIE Deputy Director from 2016 to 2018, with responsibility for overseeing OCIE’s program areas, including IA/IC, Broker-Dealer and Exchange, FINRA and Securities Industry Oversight, and Clearance and Settlement. Ms. Jarcho was an active member of several OCIE committees, including co-chairing the Risk and Exam Process committee and participating as a member of the Technology Committee.
Ms. Jarcho also led the National IA/IC examination program from 2013 to 2018 and numerous targeted high-risk examination initiatives in areas including cybersecurity, internet and robo-advisers, alternative mutual funds, share class recommendations, retirement accounts, high-yield bond funds, 12b-1 fees and distribution costs, wrap fee accounts, and supervision of individuals with disciplinary history. Additionally, Ms. Jarcho led the creation of the Private Funds Unit and has supervised the unit from its inception in 2014.
Ms. Jarcho received several awards for her work at the SEC, including the Labor-Management award for her work with the NTEU in OCIE’s reorganization, the SEC’s Excellence in Information and Technology Award for their work on OCIE’s examination reporting system, and awards for Supervisory Excellence and as a participant on several OCIE project teams. Additionally, in 2015, Ms. Jarcho was named to Wealth Management’s “Ten to Watch” list for her role in significantly increasing the annual number of OCIE examinations.
Prior to joining OCIE, Ms. Jarcho had a distinguished 18-year career in the SEC’s Division of Enforcement. She began her career in the Enforcement Division in the Chicago Regional Office in 1990 and held several positions, including Assistant Regional Director and Trial Counsel.
After leaving the SEC, Ms. Jarcho has been retained as an expert witness several times. She has consulted, among other things, on SEC examination referrals to Enforcement, SEC actions, private fund disputes, fiduciary duty application for IAs, and supervisory responsibilities of IA and broker dealers. Ms. Jarcho has experience in matters in arbitration and state federal courts.
Ms. Jarcho has spoken at numerous industry conferences and continuing education events as well as internationally in Hong Kong, Istanbul, London, Malaysia, Saudi Arabia, and Swaziland. Ms. Jarcho has a bachelor’s degree from Middlebury College and a law degree from the University of Wisconsin Law School.
University of Wisconsin Law School
BA, Political Science
Jane Jarcho Consulting and Expert Witness Services
Promontory Financial Group
SEC Office of Compliance Inspections & Examinations
National Associate IA/IC Examination Program
Chicago Regional Associate Director IA/IC Examination Program
SEC Division of Enforcement (Chicago Regional Office)
Assistant Regional Director
Senior Trial Counsel
Senior Attorney and Staff Attorney
D’Ancona & Pflaum, Chicago
Portes, Sharp, Herbst & Kravets, Chicago