The U.S. Securities and Exchange Commission (SEC) has appointed Brian Hellmer, SWIB’s managing director of global public market strategies, to serve a four-year term on its Investor Advisory Committee.
The committee, established under the Dodd-Frank Wall Street Reform and Consumer Protection Act, advises the SEC on regulatory priorities, regulation of securities products, trading strategies, fee structures, and disclosure effectiveness. In addition, the committee offers guidance on initiatives to protect investors and promote investor confidence and the integrity of the U.S. securities markets. Some of the topics the committee has made recommendations on since its creation include mutual fund cost disclosure, broker-dealer fiduciary duty, and ESG (environmental, social and governance) disclosure.
“I am honored to be selected. This is a great opportunity for SWIB to have a seat at the table for these discussions and to help promote a better environment for public market investors,” Hellmer said. “I also look forward to using this role on the committee as an opportunity to advocate on behalf of Wisconsin Retirement System members and providing a voice for investors.”
Hellmer oversees the global public market strategies division which has five major strategy areas and also includes SWIB’s trading operation and corporate governance effort.
“Brian’s knowledge and experience makes him an excellent addition to the committee as it works to advise the SEC of the viewpoint of investors like SWIB, and represents the interest of public pension plan participants,” David Villa, SWIB’s executive director and chief investment officer said.
Hellmer joined SWIB in 2016 after spending seven years as director of the Hawk Center for Applied Securities Analysis at the University of Wisconsin-Madison School of Business, where he taught applied portfolio management classes and oversaw the admissions and placement process for the center’s MS and MBA programs. Hellmer’s over 30 years of investment management experience also includes roles as a principal and portfolio manager at Northern Capital Management and an equity analyst and strategist and Bank of America. He holds bachelor’s and master’s degrees in finance, investments, and banking from the University of Wisconsin-Madison School of Business. He is also a Chartered Financial Analyst charter holder.