Heather Traeger

As General Counsel and Chief Compliance Officer for the Teacher Retirement System of Texas, Heather Traeger is responsible for all legal services and compliance for the sixth largest public pension fund in the United States, including those related to the retirement system’s pension plan and two health care programs. She serves as General Counsel for the headquarters located in Austin, Texas and the subsidiary located in London.

Ms. Traeger’s legal practice includes a strong regulatory background, with significant experience advising a variety of financial institutions. She has more than 22 years of experience in the financial services industry, including as Senior Counsel to Commissioner Roel Campos at the U.S. Securities and Exchange Commission, Counsel to Commissioner Isaac Hunt, and Senior Counsel in the Division of Market Regulation (now Trading and Markets).

Prior to joining TRS, she was a partner in the Financial Services Practice at O’Melveny & Myers LLP; served as Associate Counsel at the Investment Company Institute; and worked for the U.S. Securities and Exchange Commission as Counsel to two Commissioners and Senior Counsel in the Division of Market Regulation.

Currently, she serves as the 2025 Chair-Elect on the Board of the National Society of Compliance Professionals and Chair/President on the Board of the Association of Securities and Exchange Commission Alumni (ASECA). She also serves on the ILPA Policy Committee, the GIPS Standards Asset Owner Committee, and the NAPPA Fiduciary and Plan Governance Committee.  Ms. Traeger has previously served as Chair on the FINRA National Adjudicatory Council and on the board of Make-A-Wish Central and South Texas.  Ms. Traeger is a member of the Texas and District of Columbia bars.

9a. ALL - Incident Response Plan - Remediation and Reporting of a Breach (Intermediate)