McNeil will act as a liaison in resolving problems that retail investors may have with the commission. She reports to the SEC’s Office of the Investor Advocate, which was created by the Dodd-Frank law to promote the interest of investors by, among other things, investigating the impact of new rules and identifying problems with various investment products.
McNeil will also oversee investor relations with self-regulatory organizations, including the Financial Industry Regulatory Authority and stock exchanges.
McNeil came to the ombudsman role from the SEC’s Office of Minority and Women Inclusion, another Dodd-Frank creation, where she was senior counsel. Before that, she spent three years in the SEC's corporation finance unit.
She began her career as a structured finance lawyer at Hunton & Williams and was counsel in the U.S. businesses group at MetLife.