Lori Schock, the deputy director of the Securities and Exchange Commission's Office of Investor Education, has been named the division's acting director.

"Her knowledge of the financial literacy landscape and her passion for investor education will prove invaluable to the Commission and the investing public," said SEC Chairman Christopher Cox, in a statement announcing the appointment. "Because the focus of this office on retail investors is central to the mission of the SEC, this appointment will put Lori at the center of the action."

Susan Ferris Wyderko left the SEC in June after more than 20 years.

Schock joined the agency in 2001 as a staff attorney and has regularly traveled across the country providing investor education workshops and educational materials. She works closely with a number of federal and state agencies, as well as consumer groups and other organizations, to promote financial literacy for Americans, regardless of age and income level. Schock has most recently led an effort to organize a Seniors Summit, in order to coordinate efforts to protect older investors from financial fraud.

Previously on WebCPA:

SEC Hires Securities Lawyer, Makes Other Personnel Moves (June 7, 2006)

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