Roseanne Harford has served in a variety of legal, compliance, and public policy roles in the financial services field. She has advised the senior management of U.S., UK, and EU regulators, the senior management of investment advisory firms and broker-dealers, and the boards of directors for a $70 billion mutual fund complex.
In the private sector, Ms. Harford has served as a partner at a London-based hedge fund start-up, SGM Partners. She also previously served as Director of Compliance and Associate General Counsel at Mitchell Hutchins Asset Management, Inc. As Director of Compliance, she advised fund boards and worked closely with business staff to develop and administer compliance policies and procedures, create staff training and compliance bulletins, direct surveillance and testing, and represent the firm during regulatory examinations. As Associate General Counsel, Ms. Harford was responsible for reviewing disclosure, reporting, and advertising, and for advising on the development of new distribution channels.
In the public sector, Ms. Harford served as a manager at the UK Financial Services Authority (FSA), in the Department of Regulatory Strategy, where she led the FSA’s effort to achieve more principles-based regulation, and, before that, in the Department of Institutional Business Policy, where she led UK policy work on best execution, trade aggregation and allocation, front running, and client classification.
Ms. Harford also represented the FSA at the Intermediaries Expert Group of the Committee of European Securities Regulators, where she was appointed to serve as “rapporteur” leading the joint European regulatory efforts to develop rules on best execution, trade allocation, and front running, under the EU’s Markets in Financial Instruments Directive.
Ms. Harford also previously served as senior counsel for the Office of Regulatory Policy in the Division of Investment Management at the Securities and Exchange Commission, where she focused on regulatory policy for mutual funds, including use of derivatives, quantitative approaches to risk disclosure, codes of ethics, and issues surrounding distribution, including the use of 12b-1 fees and multiple class structures.
Ms. Harford received an A.B. from the Woodrow Wilson School of Public and International Affairs at Princeton University and a J.D. from New York University School of Law. She began her career as an associate at White & Case in New York and Los Angeles.