Eileen Murray, the former co-chief executive of the world’s largest hedge fund, will take over as chairperson of Finra, Wall Street’s self-regulatory arm.

Ms. Murray, 62 years old, was one of the investment industry’s highest-ranking female executives as co-CEO of Bridgewater Associates LP. In December, Bridgewater said Ms. Murray would step down as co-chief executive in March. She had shared the top job at Bridgewater with David McCormick since 2017.

— to www.wsj.com