SEC bars convicted ex-CCO at investment adviser from industry

The convicted former chief compliance officer at an unnamed New York-based investment adviser was barred from working in the industry by the Securities and Exchange Commission (SEC).

Jennifer Campbell was sentenced to three years in prison in February for wire fraud. She was ordered by the SEC on Wednesday to have no association with any broker, dealer, investment adviser, municipal securities dealer, municipal adviser, transfer agent, or nationally recognized statistical rating organization, according to an administrative proceeding.

Indicted in June 2022, Campbell pleaded guilty in November to misusing her access to client accounts to modify account settings and misappropriate client funds. In one example included in her indictment, Campbell sent a victim a falsified account statement showing a balance of approximately $148,000 when the account had a balance of about $90.