Russ Lemley is a senior compliance consultant and outsourced CCO at ACC. He has extensive experience in the global asset management industry, which includes more than 32 years in investment company/investment adviser compliance. His areas of expertise include regulatory exams, outsourced CCO support, annual reviews, mock SEC exams, policies and procedures development, exception resolution, compliance training, and mentoring and training of compliance professionals.
From 2004 to 2019, Russ served as chief compliance officer of The American Funds, managed by The Capital Group. He was responsible for administering the compliance policies and procedures of The American Funds, and overseeing the compliance programs of its service providers, including Capital Research and Management Company, American Funds Distributors and American Funds Service Company.
He also held various senior compliance positions at The Capital Group and the U.S. Securities and Exchange Commission.
Over the past 32 years, Russ has become a thought leader on compliance best practices. In 2009, Ignites named him as a Fund Titan. He speaks frequently at industry conferences, including those hosted by the NSCP and the Investment Company Institute (ICI). He is a former member of the ICI CCO Committee and the Curriculum Committee of the NSCP’s Certified Securities Compliance Professional Program.
Russ graduated from the University of California at Irvine with a Bachelor of Arts in Economics with honors.