David Sturtevant Ruder facts for kids
Quick facts for kids
David Ruder
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|---|---|
| 23rd Chairman of the Securities and Exchange Commission | |
| In office 1987–1989 |
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| President | Ronald W. Reagan |
| Preceded by | John S.R. Shad |
| Succeeded by | Richard C. Breeden |
| Personal details | |
| Born |
David Sturtevant Ruder
May 25, 1929 Wausau, Wisconsin, U.S. |
| Died | February 15, 2020 (aged 90) |
| Political party | Republican |
| Alma mater | Williams College University of Wisconsin, Madison |
David Sturtevant Ruder (May 25, 1929 – February 15, 2020) was an important American lawyer and professor. He taught at Northwestern University School of Law for many years. He also led the school as its dean from 1977 to 1985.
Mr. Ruder is best known for being the chairman of the U.S. Securities and Exchange Commission (SEC). He held this big job from 1987 to 1989. After his time at the SEC, he worked at a large law firm called Baker & McKenzie. He also helped lead an organization called the Mutual Fund Directors Forum. This group teaches people who manage mutual funds how to do their jobs well.
Who Was David Ruder?
David Ruder was a smart and dedicated person who spent his life working in law and education. He helped shape how businesses and investments are regulated in the United States. His work at the SEC was very important for protecting everyday investors.
His Early Life and Education
David Ruder was born on May 25, 1929, in Wausau, Wisconsin. He went to Williams College for his first degree. After that, he studied law at the University of Wisconsin Law School in Madison. This education prepared him for a long career in law and teaching.
Leading the SEC
The U.S. Securities and Exchange Commission (SEC) is a government agency. Its main job is to protect investors and make sure financial markets are fair. As chairman, David Ruder was in charge of this important agency. He worked to make sure companies followed the rules when selling stocks and bonds. This helped people feel safe when investing their money. He served during the presidency of Ronald Reagan.
After the SEC
After leaving the SEC in 1989, Mr. Ruder continued his legal career. He joined Baker & McKenzie, a well-known law firm in Chicago. He also became involved with the Mutual Fund Directors Forum. From 2002 to 2010, he was the chairman of this group. A mutual fund is a way for many people to pool their money to invest in different stocks or bonds. The Forum helps make sure these funds are managed properly.
David Ruder passed away on February 15, 2020. He left behind a legacy of public service and dedication to law and education.
