CalPERS official Joe Dear has been named chairman of the Securities and Exchange Commission's new investor advisory committee.
Dear is chief investment officer at the Cali- fornia Public Employees' Retirement System.
The committee was established by Congress as part of the Dodd-Frank law overhauling regulation of the financial markets following the crash of 2008.
Dear was first named to the committee in April. The other 20 members include Anne Sheehan, director of corporate governance at CalSTRS, the teachers' pension fund.
"This committee will give a strong voice to investors in financial and regulatory matters," Dear said in a press release.