Dreyfus Names Sheldon Head of Investment

Christopher Sheldon, CIO, Dreyfus

The Dreyfus Corp., a boutique of BNY Mellon Asset Management, has named Christopher Sheldon as its new chief investment officer. He was previously the president of BNY Mellon Funds and was director of investment strategy for BNY Mellon Wealth Management. Sheldon, who has been with BNY Mellon since 1995, replaces the recently-retired Phil Maisano.

"His knowledge and strategic insights, exceptional judgment and strong communications skills will be great assets to us as we continue to become an even greater force in the mutual fund industry," says Jon Baum, CEO of Dreyfus.

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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